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Arai Shoji Co.

Prometey, which intends to launch assembly production of electric vehicles in Primorye (Suzuki at the first stage), became a new resident of the Nadezhdinskaya Territory of Priority Development, as reported by the Russian Ministry for the Development of the Far East.

It was previously reported that the construction of a Russian-Japanese plant for production of electric vehicles would begin in Primorye in the spring of 2018, the Prometey joint venture was registered for this purpose.

The statement said Prometey would launch assembly production of electric vehicles. The investment project is a joint Russian-Japanese venture of the Sumotori Technological Holding and Arai Shoji Co. Ltd. The investment in the project will be 48 million rubles at the first stage. The construction of the plant is scheduled to begin in the spring of 2018.

04 August 2017
RIA Novosti

The construction of a joint Russian-Japanese plant for the production of electric cars based on Japanese small cars will be started in Primorye in 2018, as reported today by the Primorye Administration.

On the same site, it is planned to launch the first car recycling plant in the Far East. Both passenger and freight vehicles will be recycled there. It is about an “intelligent” recycling of all vehicle components. This enterprise should promote the development of related industries, recycling of plastic and rubber chips, broken glass, and other products.

11 April 2017
ITAR TASS
Investor
Primor

Investor profile

Arai Shoji Co.

Japan

Company's website: www.arai-group.co.jp

T: 0463-23-2011

Private company

Contact: Ryozo Arai, President and General Director

AraiShojiCo., Ltd has been founded in 1920. Initially, it specialized in the wholesale trade of cereals, but has significantly diversified its activities after World War II. Currently, the company operates in the fields of the auction business of used cars in Japan, food wholesale through a supermarket chain in the Tokyo area and its suburbs, as well as the exports/imports of everyday goods. The company is present in the markets of Brazil, the USA, China, Portugal, and South Africa.

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