German Company to Invest in Plant in Tver Region

16 May 2019

On May 16, during his business mission trip to Germany, Igor Rudenya, Governor of the Tver Region, and the management of Siebenhaar Antriebstechnik GmbH discussed prospects for building a new plant in the region. The business meeting was attended by Andrey Sobolev, Trade Representative of the Russian Federation in Germany, and Jamshid Yektai, the owner of Siebenhaar. Siebenhaar Antriebstechnik GmbH is exploring options for an investment project in the Tver Region to locate the production of reduction gears and winches. It plans to buy a site at the future industrial facility of Borovlevo-3. Its investment is estimated at 1 billion rubles.