Schaeffler AG

The Ulyanovsk Region Government and Schaeffler are negotiating a production line for wind power components to be launched at the region's plant, Alexander Smekalin, Chair of the Ulyanovsk Region Government, announced to journalists on Wednesday.

17 April 2019
TASS

In 3–5 years, the German Scheffler plans to localize production of bearings in the Ulyanovsk Region, as Maksim Shakhov, the Company’s Executive Director, told reporters on Monday.

“Very large bearings are used in wind generators, and we have plans to localize the production of such bearings in the future. <...> I think that the localization process will go at a rapid pace; it is about the next three to five years,” he said. Mr. Shakhov added that the relevant negotiations are in progress with Fortum and Rostec.

07 August 2017
TASS
Investor
Ulyanovsk region

Investor profile

Schaeffler AG

Germany

Company's website: www.schaeffler-group.com

T: +49 9132 82-0

Private company

Plant for the production of automotive and industrial components including bearings for trucks and cars, clutches, engine components and belt drive parts.