Leroy Merlin, the global retail company, has invested RUB 1.5 BN into its hypermarket near Kaliningrad starting its operation on Friday, TASS was told by the PR function of the company.
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.
One of the world’s largest producers of building finishing materials, international company Knauf, will build two dry mortar plants with a total capacity of about 250 thousand tons of products per year in Samara and Kazan.
On Wednesday 22 November, the acting deputy president of the government of Samara Region and its industry and technology minister Sergei Bezrukov and BRISK Tбbor, a.s.,
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.
India’s Star Overseas Ltd. is planning to invest up to $100 mln in Samara Region processing enterprises. The Region Government press centre has provided this information earlier today following the results of the company delegation’s visit to the region.