Moscow will enter into the first offset contract ever in the food industry to cover investment of at least RUB 2.1 billion in the construction and modernization of a plant to manufacture foods for babies and breastfeeding women. According to Vladimir Yefimov, Deputy Mayor for Economic Policy and Property & Land Relations, the winning bidder awarded the offset contract is Wimm Bill Dann.
German Metro is looking for additional earnings in Russia. It is considering an opportunity for building housing and commercial real estate on its sites
Four Indian companies have expressed their interest in participating in Vostok Oil and agreed to prepare a roadmap for investment in the project. This news is reported in the statement of the Indian Government.
Metropolitan authorities have signed an agreement with the Bartholet, Swiss company, which several years ago participated in the construction of the cable car on Vorobyovy Gory.
Jysk stores, the Danish competitor of IKEA, is again attempting to enter the Russian market. The company intends to set up 200 stores in 10-15 years.
Moscow factory of Smurift Kappa, specializing in corrugated cardboard, received a low-interest RUB 120 million loan from the Moscow Industry and Entrepreneurship Support Fund. The Company is planning to use these funds to enhance production capacity and modernize equipment, as reported on Tuesday by the press center of the regional department of investment and industry policy.