Boccard, a French multinational corporation, is planning to expand production in Russia, including Moscow Region, as reported during the meeting of Vadim Khromov, Deputy Chairman of the regional government, with Patrick Backroom, company owner.
Factory of Radiotherapy Equipment (part of the R-Pharm Group) is to sign an agreement with Varian Medical Systems Inc, a US company, on the production of linear accelerators, the radiotherapy complexes to treat malignant tumors. The agreement is expected to be signed at the Eastern Economic Forum, as reported by Alexey Repik, President of Business Russia, head of the Board of Directors, R-Pharm, to TASS on Wednesday.
LG Electronics has announced completion of a new building at the electronics and household appliances plant in the Moscow Region.
Shanghai Pharmaceuticals Holding, an investment holding company, will receive 50.1% in a joint venture with Russian pharmaceutical company Biocad. The parties signed a final agreement on the establishment of a company with the aim of bringing innovative medicines made in Russia to the foreign market, the Biocad press service told TASS on Wednesday.
Finnish dairy concern Valio has launched a new packing line at the processed cheese factory near Moscow, as reported by Valio’s press service.
One of the largest textile holdings in southeast China - Jiangsu Soho Int. Group corporation, - which produces clothes for the brands Zolla, Ostin, Zarina and InCity, as well as sportswear and equipment for the Sportmaster network, plans to invest at least RUB 100 million in creating its own or purchasing an existing plant in the Moscow region. This was announced on Thursday by the press service of the Ministry of Investment and Innovation of the region.