The Slovak company Matador Automotive Rus, specializing in the production of automotive components, plans to invest USD 25 million in the expansion of its capacity in Nizhny Novgorod, said the head of the Ministry of Industry and Trade of the Russian Federation Denis Manturov during the Russian-Slovak business forum.
Gleb Nikitin, Governor of the Nizhny Novgorod Region, Vladimir Panov, Head of Nizhny Novgorod, and Boris Shlom, Director General of National Cable Ways, signed an agreement on cooperation in the framework of projects for the construction of two lines of the cable ways. The agreement was signed on the sidelines of the Investment Forum in Sochi, the Government of Nizhny Novgorod reported to REGNUM.
Governor Gleb Nikitin and representatives of a Chinese state corporation have discussed a large investment project. The implementation of the project for a deep wood processing enterprise to be built in the Balakhninsky district is expected to create about 400 jobs. The investment is estimated at approximately RUB12 billion.
UniCeramics LLC, a subsidiary of the British Lins Wallpaper (produces wallpaper), has registered the rights to a land plot for the construction of ceramic tile production facility in Dzerzhinsk. As Kommersant-Provolzhye was informed in the regional Ministry of Economic Development, the project documentation is being developed and it is planned to launch the plant in 2022. The plant production capacity will be 25 million square meters of ceramic tiles per year.
Russian-Chinese Snabpolymer Medicine, LLC intends to invest more than RUB3 billion in the construction of a plant to manufacture third-generation safe disposable syringes and disposable products for the collection, storage and transfusion of blood. The plant is to be built on the Bor near the village of Neklyudovo, Nizhny Novgorod Region, reports the press service of the Governor and the Regional Government.
The Dannish Vestas launched the first local production of wind farm equipment in Russia in the Nizhny Novgorod Region investing EUR 5 mln in the project. Wind turbine nacelles will be assembled at the Liebherr site in Dzerzhinsk, and in 2019, production of towers and blades will be launched in the Rostov and Ulyanovsk Regions with the participation of the Wind Energy Development Fund. By 2024, wind farms with the total capacity of 3.35 GW will be established in several regions of the country.