French company Dehondt Technologies Developpement plans to increase the local content of flax harvesting machines manufactured at Vyazma Machine-Building Plant in the Smolensk region to 50%. This was announced by the governor of the region Alexei Ostrovsky on Tuesday at the first All-Russian Flax Field Day which takes place on Tuesday.
Weir Minerals RFW LLC, a subsidiary company of Weir Minerals, the world’s leader in the equipment production and development of engineering solutions for the mining industry, has launched the production of Warman pumps in the Smolensk Region.
A plant for the production of MDF(furniture industry material) will be launched in the Smolensk Region at the end of the third quarter this year. According to the regional administration, representatives of Austrian Egger which invested 16 bln rubles in the project told so at the meeting with Governor Aleksey Ostrovsky.
The Japanese Hokkaido Corporation intends to invest in the production of strawberries, vegetables, and beef in the Smolensk Region. A relevant agreement has been reached between Governor Aleksey Ostrovsky, and Yukio Temma, the Director General of the Japanese Hokkaido Corporation, as the press service of the regional administration reported on Wednesday.
A letter of intent proving the parties’ mutual interest in the potential economic and technical cooperation was signed by Andrey Kulichkov, Director General of Smolensk Regional Investment Development Corporation, and Joao Rosa, Director General of IGUARIVARIUS (Portugal).
A group of investors from India announced its intention to build an enterprise for growing and processing flax in the Monastyrschinsky District.