The equipment will be manufactured "at one of the advanced enterprises of the Special Economic Zone in the Kaliningrad Region." The company intends to further expand the range of manufactured products. The plans are to produce lighting for the urban environment, sports and trade facilities, industry, offices and municipal institutions.
"Today, the Russian market of lighting equipment, estimated at more than one billion euros, is changing rapidly. Local rates of penetration of LED-technologies are estimated at 34.5%, which is only 9% less than the global trend. The professional lighting market shows a 46-percent increase in LED penetration. Localization of professional solutions will allow the company to more flexibly approach the needs of customers, as well as provide more opportunities for the development of sales and production of high-quality products, "- the company noted.
It was announced in Seoul that the Korean Mecen IPC Co, in partnership with the Kaliningrad Region Development Corporation, plans to build a new production plant in the region. Their agreements on joint plans have been reached in Seoul during the business event of the Roscongress Fund for presentation of the Russian regions’ economic potential to Korean investors.
Tupag that is a large German agricultural holding is interested in arranging an enterprise for grain production in the Kaliningrad Region. It is a closed cycle company, which is engaged in agriculture and engineering and has several productions in European countries.
BMW has set up a subsidiary - BMW Russland Automotive LLC - in Russia’s Kaliningrad as part of its program on production development in the country, a representative of the company told TASS. "Indeed, the company named BMW Russland Automotive LLC has been registered in Kaliningrad. This is a planned step as part of our work to develop production in Russia," he said.
Sould relevant investment contract have been signed, concern BMW may build a full-cycle plant in Kaliningrad and start exporting cars from Russia’s westernmost region. This was stated by Anton Alikhanov, the Kaliningrad region’s Vice Governor, in an interview with TASS.
he Russian Direct Investment Fund (RDIF), RBPI Group, a subsidiary of the Thai conglomerate Charoen Pokphand Group, and the Kaliningrad Region