Schneider Electric will apply about EUR 20 million to upgrade the Potential plant in Kozmodemyansk, Mari El by 2025.
As part of Electroschield Samara plant (Schneider Electric) development strategy for 2021-2023 and the relevant activities related to the expansion and upgrade of the production facilities, about 200 new jobs were created in the first half of 2021.
The Russian Direct Investment Fund (RDIF) and the French company Schneider Electric have formed a joint venture based on the assets of the electrical equipment manufacturer Electroshield Samara, investments in the company amounted to RUB 3 billion, the RDIF said.
The Russian Direct Investment Fund (RDIF) and the Schneider Electric (France) intend to invest at least 3 billion rubles in Electroshield Samara, the electrical equipment manufacturing company, RDIF reports at the SPIEF.
Schneider Electric has announced the launch of a new production line at Schneider Electric Elektromonoblok Plant, LLC, its enterprise in the Leningrad Region. This was told by the leadership of Schneider Electric on April 15, at the opening of the four-day Innovation Summit Moscow at Expocentre.
International company Schneider Electric will invest RUB 7 mln in establishment of the Electro Skills Center for Applied Qualification at the premises of Kazan State Energy University.
The French machine building company Schneider Electric will start production of components for solar batteries in the territory of the Moscow technopolis this November, told Johan Vanderplaetse, President Russia/CIS at Schneider Electric.
Mr. Vasili Osmakov, Russian Industry and Commerce Deputy Minister, has discussed with representatives of Schneider Electric of France organizing industrial assembly and localization of specific types of electro technical products, emergency protection systems and process control automation systems in the Russian Federation according to Ministry of Industry and Trade of the Russian Federation's site.
"Developing production in Russia is the basis of our long-term strategy. We will strive to improve our cooperation with Russian suppliers, export potential of our enterprises and localization level," said Mr. Johann Wanderplaetze, Schneider Electric's CEO.
Joint projects are to be based on the research and production enterprise that would include 4 Tambov enterprises of the United Instrument Manufacturing Corporation.
Within the framework of its cooperation with Schneider Electric, the Tambov RPE may manufacture software and hardware suites as well as other machinery for energy and some other industries. These include power distribution and industrial automation equipment. Production volume may be as high as RUB 2-2.5 bn per annum.
Schneider Electric of France intends creating its electrical equipment production facility based on Elektroradioavtomatika of Vladivostok. The parties have executed their cooperation agreement today, on September 2, at the second Oriental Economic Forum.
The document runs that Elektroradioavtomatika of Vladivostok (known as ERA) and Schneider Electric are to develop their cooperation in advisory services, buyer search and equipment or products supply. The companies intend launching manufacture and assembly of European equipment at production sites of Elektroradioavtomatika.
French company Schneider Electric is preparing an investment contract, which provides the creation of new production plants and further localization of production at existing facilities in Russia.
“The Russian market is a priority for Schneider Electric,” said Armen Badalov, Vice President for Business Strategy and Development. “The company has already invested more than $1 billion in the localization of equipment and technology in Russia and continues investment. In business terms Russia is the second largest market in Europe and fourth - in the world for Schneider Electric.”
Schneider Electric will invest 3 billion rubles in companies of the Samara Region in 2016. This was reported by the Press Service of the regional government after the today meeting of Nikolai Merkushkin, regional governor, Emmanuel Babo, Executive Vice-President of Schneider Electric and Jean-Louis Stasi, Director General of Schneider Electric JSC in Russia and CIS.
Vice-President of Schneider Electric added that Russia is a key market for the company and that Schneider Electric will continue to fulfil its commitments for investments in the Russian segment of the company.
Schneider Electric, a French company that manufactures electric equipment, is going to launch production in Primorye.
"We clearly understand that the center of the global economics is shifting to the East. To commence with manufacturing in Primorye is a strategic move, not just a kind of Eastern philosophy for us. We see global companies really interested in dealing with that region, our biggest customers make investments here," said Jean-Louis Stasi, the President of the Russian branch of the company, at the meeting with Vladimir Miklushevsky, the Governor of Primorye.
Electroshield opened an Engineering Centre in Samara on 25 August. The centre will bring together around 300 engineers and designers to engage in Schneider Electric’s national and international research activities, of which Electroshield is a part.
The company is focusing on having all of its technical experts operating under one roof, which will help resolve technological issues quickly and efficiently. And the strategic placing of the marketing and general design departments in close proximity to each other is intended to combine the efforts of both divisions to create one-of-a-kind and in-demand products.
Around 70% of the components for the equipment will be produced at Electroshield facilities, with the Russian-made products being of equal quality to those manufactured in other countries. The new engineering centre will include classrooms, which will be in constant demand, as the company holds regular training courses for its employees.
Within the scope of the Innoprom 2015 exhibition, head of JSC ROSSETI Oleg Budargin familiarised himself with the new product. Schneider Electric, world expert in energy management and industrial automation, presented at the international industrial Innoprom 2015 exhibition the first Premset unit assembled on the new production line at the Schneider Electric Ural plant in Yekaterinburg. On the second day of the Exhibition, the plant was visited by a JSC ROSSETI delegation headed by General Director Oleg Budargin. The guests acquainted themselves with production of medium-voltage equipment and viewed the new production line for Premset and SM6 units. Premset is the flagship product of Schneider Electric for the power industry, one of the most technological and compact distribution devices on the market.
Electroshield launched the construction of a new plant worth over RUB $1 billion. The plant for the manufacture of transformers is to be launched by the end of 2016.
The construction of the new building with a total area of 18,000 square meters is taking place on Zavodsky Highway. Warehouse, production and administrative facilities of the plant will be located in this area. Electroshield-Samara, which is 100% owned by the French holding company Schneider Electric, plans to attain production capacity of 800 dry transformers per year within the first 12 months of operation. The key differences that will set these transformers apart are lower price ranges and shorter production time. It is difficult to estimate the payback period for the new plant in Samara, but company management is confident that the product will be in high demand among clients. Here is what the President of Electroshield-Samara Eric Brisset told Business FM:
“These transformers are used for power distribution, and any infrastructure can use them. Say, there is some building, a new plant that requires energy – an airport or train station, for example. All of these investments will be in demand in Russia. There are also major companies that transfer electric power in Moscow or nearby regions. The oil market also needs them, so these transformers will be in high demand.”
In spite of the crisis in Russia, French businessmen are placing their bets on the Samara plant. Eric Brisset continues:
“Strategies are designed for several years, especially in Russia. The most important thing is that these transformers are in demand on the market. The market requires innovation and import substitution. It doesn’t matter whether or not we are in a crisis. So it’s best to start investing, which is why we placed our bets on Samara, on Russia, and are already starting construction work.”
Schneider Electric is planning to construct a transformer factory in the Samara region.
Samara regional governor Nikolai Merkushkin and representatives of Schneider Electric in Russia and the CIS discussed the future factory at a working meeting.
The foundation stone of the future plant will be laid on May 18. The parties are close to reaching an agreement on the rent rate for the land plot where the factory will be built. “The Samara region is a region of strategic importance for us. We would like it to become a future platform for investment,” President of Schneider Electric in Russia and the CIS Jean-Louis Stasi said.
The meeting was attended by Chairman of the Board of Directors of Electroshield Samara and Senior Vice President of Schneider Electric Russia’s Energy Division Joachim Dams, President of Electroshield Samara Eric Brisset, and Samara’s Minister of Industry and Technology Sergei Bezrukov.
Schneider Electric SA
Company's website: https://www.schneider-electric.com
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Contact: Mr Jean-Pascale Tricoire, President and CEO
Schneider Electric is the global leader in sustainable energy management and industrial automation.