Novotroitsk Chrome Compound Plant in Orenburg Region is arranging new production jointly with a Chinese company in the single-business city of Novotroitsk, the regional government reported to TASS on Tuesday.
On August 30, Yury Berg, the Governor of the Orenburg Region, and Michael Vogt, the General Director of Vogt Medical GmbH, discussed the production project they plan to implement in the region. In the Russian market, the German company has been supplying products for various fields of medicine for more than ten years now. The investors consider the Orenburg region as a promising area for the future production of consumables. As reported by the press service of the Orenburg region administration, the investors are considering options for arranging production facilities and study details of the project.
Snabpolimer Meditsina has executed a preliminary loan agreement with the All-China Machine Building and Construction Corporation for the total amount of RUB 5.225 bn, according to the Ministry of Industry and Trade of the Russian Federation.
The Orenbeef plant founded by Cremonini Group has been operating for three years now in Cherniy Otrog, Saraktash District.
Gazprom Neft is conducting negotiations with China’s CNPC over participation in the development of the Eastern section of the Orenburg gas field.
Italian meat processing company Cremonini will build a feeding yard for 5 thousand cattle in the Orenburg region this year, minister of agriculture, food and processing industry of the region Mikhail Maslov told the TASS reporter.