Public Investment Fund (PIF) of Saudi Arabia intends to enter a project for the development of a former Tushino airfield located in northwest Moscow, Russia, the press office of Russian Direct Investment Fund (RDIF) reports on Wednesday.
The Japanese Mitsui & Co. signed an agreement to acquire 10% stake in R-Pharm Russian pharmaceutical company.
American corporation Amway, focusing on direct sales of body care and house care products, is going to open several dozen of its own stores in Russia within three years. The first facilities have already started operating in the regions, in September they will appear in Moscow. Investments in the project will be about 600 million rubles.
The German Niles-Simmons-Hegenscheidt (NSH) will build a machine-tool plant in the territory of the special economic zone of Zelenograd, according to Ildar Kadyrov, the Director General of the NSH RUSS, Limited Liability Company, during the signing of a cooperation agreement with the Moscow Government.
Ramport Aero (75% held by the Lithuanian Avia Solutions Group, 25%, by a Rostech’s entity), who is engaged in the development of the Zhukovsky Airport, can conduct an IPO within 2–3 years, as Tomas Vaisvila, General Director of the Zhukovsky Airport, told the journalists.
Italian pharmaceutical company Alfa Wassermann announced the beginning of the process of localization of the production of original Neoton and Fluxum products at the Moscow production site Dobrolek LLC, which is part of the vertically integrated holding Pharmeco, as reported by Vademecum.