The Russian Direct Investments Fund (RDIF) and the Italian Adler Pelzer Group (APG) will build a plant in Togliatti for the production of materials for noise and thermal insulation of cars, reports the press service of the Russian Fund.
On Thursday, July 19, a high-tech ammonia production facility was launched at the territory of KuibyshevAzot JSC. The plant's press service reported that the project had been implemented by joint venture of KuibyshevAzot JSC and the German company Linde Group.
Evrotekhnika started serial production of trailed large-size wide-level seeders – Condor and Citan – under the German Amazonen Werke’s project to localize the production of agricultural machinery. This is reported on the Industrial Development Fund’s website. “Localizing the production of Condor and Citan seeders intended for sowing grain crops will reduce Russia’s dependence on imports of this type of equipment. The company's share in the Russian market will reach 6% in terms of quantity and 14% in money terms,” the statement said.
Knauf group plant for the production of dry mixes was opened on Monday in the Samara Region. This was reported to TASS in the regional government press service.
Valeo invests in Togliatti plant about € 17 million to open a new production, the administration of Togliatti reports.
Valeo and the Administration have signed a protocol of intent. In its terms, the company plans to launch new projects in Togliatti," the report states.
Valeo Group specializes in servicing car manufacturers and aftermarket players in terms of car accessories for cars and commercial vehicles.
Thursday, Kuibyshevazot (Tolyatti, the Samara region) and MET Development S.p.A. (the design department of MaireTecnimontS.p.A., Italy) announced incorporation of the joint venture for carbamide production.