Recently, the head of the regional state administration, Volodymyr Bondar, met in Kyiv with representatives of the German economy in Ukraine to sign an investment agreement between the German company "Kromberg & Schubert," the Volyn Regional State Administration, the Lutsk District State Administration, and the Boratyn Settlement Council. This was reported by the Department for Media Interaction and Public Relations of the Volyn Regional State Administration. As a result of the implementation of this agreement, a plant for the production of onboard cable networks for passenger cars of the "Daimler Chrysler AG" concern (Stuttgart) will be built in Lutsk at the intersection of Bozhenko and Lvivska streets. The estimated volume of direct investment is 18 million euros. As Mr. Bondar noted at the meeting of the 19th session of the regional council, this will be the first one hundred percent foreign investment in the economy of Volyn. This production facility will create 3,000 new jobs.