Yesterday, 31 May, deputy head of the Volyn Regional State Administration Vasyl Baitsym met with a representative of the German company "Kromberg & Schubert," which intends to invest more than 18 million euros in Volyn for the construction of a plant producing cable networks for passenger cars of the "Daimler Chrysler AG" concern. An agreement was reached to begin construction of the facility as early as 10 June. The enterprise will be built on the territory of the Boratyn village council. In addition to the regional leadership, the representative of the German company met with the heads of the Lutsk district state administration, Bohdan Prus, and the Boratyn village council, Serhiy Yaruchyk. During the meeting, land issues were resolved, and documentation regarding the location of the enterprise was verified and agreed upon. According to Mr. Yaruchyk, most likely, this plant will be built by Ukrainians. The enterprise will create about 3 thousand jobs; in addition, it will automatically become the main filler of the village council budget and a serious taxpayer to the district budget. According to a preliminary agreement, residents of the Boratyn village council, which includes four villages — Novostav, HOLyshiv, Boratyn and Rovantsi — after appropriate training will be able to be the first to get jobs at the plant. By the way, according to Serhiy Yaruchyk, at the enterprise about 75% of the jobs will be created for women. This investment agreement was endorsed by Vice Prime Minister of Ukraine for European Integration Oleh Rybachuk, the regional leadership of Volyn, representatives of the Lutsk district state administration and the village council, and the German side. It is planned that at the end of 2005 the first products will come off the plant's assembly line.