On June 1, at the St. Petersburg International Economic Forum, Vadim Potomskiy, the Governor of the Oryol Region, and Stefan Moritz Noel Debusschere, Director General of the International Vinil Company-East, LLC (part of the Belgian IVC Group) signed an agreement on cooperation for the implementation of the PVC flooring plant investment project
Sanofi-Aventis Vostok Plant in Orel Region intends to start its latest generation insulin deliveries to CIS and European countries in December 2016, according to the regional government.
Atlantic Brands (Croatia) is to construct its baby food plant in the Orel Region. According to the today's statement by Mr. Vadim Potomsky, Region Governor, the relevant agreement has been executed already, and the production is to start in 2018.
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.
Today, the site of International Sochi 2016 Investment Forum has seen the execution of the cooperation agreement by and between Orel Region Government and LLC Kerama Marazzi according to the regional governor's Press service. The document has been signed by Vadim Potomsky and KM's BoD President, Mr. Marco Santandrea.
Kerama Marazzi, producer of ceramic tiles (Oryol Region) will invest 2.5 bln rubles in the development of its production facilities in the region in 2016.