On August 22, the factory owned by SCA, a company of the Essity Group, for the production of hygiene products in the Town of Veneva in the Tula Region, hosted the official opening of a new line for the production of feminine hygiene products under the trademark of Libresse. The new line will expand the range of feminine hygiene products offered in Russia and increase the share in the market of hygiene products. The line will produce premium ultra-thin Libresse pads of the Ultra series. The investments in the opening of the new line made up EUR 10.5 million, and the Company has previously spent another EUR 85 million to construct the plant. The Company’s production facilities in the Tula Region also produce hygienic products under the trademarks of Libero, TENA, Zewa, and Tork.
China Poly Group Corporation (Poly Group) from the People’s Republic of China (PRC) intends to participate in construction of the road in the Tula Region which will connect two federal highways: М-4 Don and М-2 Crimea. This news was told by Dan Jung, Vice-Chairman of the Chinese People's Association for Friendship with Foreign Countries, summarizing the results of the meeting with Aleksey Dyumin, the region governor.
On Thursday, Governor of the Tula region Alexey Dyumin signed an agreement with President of Procter & Gamble Europe Gary Coombe on cooperation in the implementation of the large investment project worth 5 billion rubles ($88 million). The agreement was signed on the sidelines of St. Petersburg International Economic Forum held in Russia.
Hetero Labs Ltd.pharmaceutical company (India) intends to organize manufacture of medicines for oncology and AIDS in the Tula Region. This news was reported by the press office of the Government of the region on Thursday.
Procter & Gamble (P&G) has decided to invest 5 billion rubles in the development of its own plant in Novomoskovsk, the Tula region. This decision was recorded in the agreement signed on June 1 at the St. Petersburg International Economic Forum (SPIEF-2017) between P&G and the region's Governor Alexey Dyumin.
Selgros Cash & Carry has opened in the Tula region, Russia, a major trade center, the construction of which is estimated at 1,5 billion rubles (about $27 million), Interfax reports on Tuesday with the reference to the regional Committee for Entrepreneurship.