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Riko Group

Riko (Slovenia) has signed an agreement with the Oryol region on the construction of four plants in the region, the value of the contract is 400 million euros, as reported today to the TASS correspondent by the Governor Vadim Potomsky.

“We have signed an agreement with Riko (Slovenia), the amount is huge - about 400 million euros, for us it is almost the annual consolidated budget of the region, it is planned to build up four plants. The first thing that will be laid and built is a footwear factory with a capacity of 2.2 million pairs per year, as in Russia this market is absolutely free in terms of domestic production. We mainly purchase in bulk quantities from China, Belarus, Europe, so it’s not worth worrying about competition unprofitability of this area,” the Governor said.

16 February 2017
TASS
Investor
433.0 mln
Moscow, St. Petersburg, Samara, Yaroslavl, Orel region

Investor profile

Riko Group

Slovenia

Company's website: www.riko.si

T: 00 386 (0)1 58 16 316

Private company

Contact: Janez Škrabec, CEO

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