Lamb-Weston/Meijer to invest more than 13 billion rubles in expansion of its manufacturing capacities in Lipetsk region.
Unionsped LLC will build a timber manufacturing plant in the Yeletsk section of the Lipetsk Economic Zone, the press office of Lipetsk Special Economic Zone reports.
OOO Sest-Luve (a subsidiary of Sest SpA, Italy, a member of LU-VE international group), a resident of Lipetsk Industrial Type Special Economic Zone, will set up production of air condensers and dry coolers up to 13.5 m long by investing over €3 mn in the project, informed the Lipetsk Region administration press office. Phase 1 investments will make €1.5 mn.
Lipetsk-based plant of Germany’s Viessmann Group, which is among the world’s leaders in the manufacture of heating and cooling systems and industrial installations, will launch a new steam boiler manufacturing business in 2021, the Investment and Innovation Office of the Lipetsk Region reports.
Russian Federal Antimonopoly Service approved the acquisition of a 39.38% stake in OOO Lam Weston Belaya Dacha by LambWeston/Meijer LWM CIS B.V., a Dutch company, reports FAS. Lam Weston Belaya Dacha runs the first french fries factory in Russia. The company’s key holder with a 64.48% stake is Viktor Semyonov's Belaya Dacha, with other shares are held by LWM CIS B. V. If the deal is closed, the stake of LambWeston/Meijer may grow to 74.5%.
KWS, European seed company, has started construction of its plant to produce hybrid sugar beet seeds on the Elets site, Lipetsk SEZ, the regional administration said to Komersant-Chernozemye. The project in SEZ is run by the company’s subsidiary: KWS Seed Plant.