Details of two investment projects that Chinese companies might implement in the newly created special economic zone in Oryol Region, became known to Kommersant-Chernozemye. Bus manufacturer King Long and investment OA Group are considering assembling buses for 1.5 billion rubles. with the prospect of expanding to full production for 15 billion rubles. A transport company ZCTD plans to build a logistics center in this special economic zone for more than 1 billion rubles. Experts consider the projects to be altogether promising, although they warn of challenges in respect of demand.
To study the implementation of the investment project of Specta in the Oryol Region, it is planned to cooperate with MC Green Grove, LLC, local Development Corporation and the regional operator for the treatment of municipal waste. This was reported by the press service of the Regional Government following the meeting of Andrey Klychkov, Governor of the Region, with the owner of Specta Eric Helin on February 7. “The region is interested in the introduction of advanced technologies in the field of waste processing,” the press service cited Mr. Klychkov.
Kerama Marazzi LLC, acquired over 110 thous. sq.m. in Orel Industrial Park (IP), reports press service of the Orel Region Government. The transaction was closed at the end of 2018, explained the press service of the Manager of IP Severstal-Metiz, OJSC. Kerama Marazzi acquired the last available areas in the park and is planning to construct two factories: sanitary ware production facility with the capacity of up to 270 thousand items per year and ceramic granite production plant with the capacity of over 5 thousand million sq.m. per year. The first launch is scheduled for the first quarter of 2020, and the second one - for 2022. Over 400 jobs are expected to be created at production sites. Kerama Marazz reported to Kommersant-Chernozemye that the investments will reach RUB 5.1 billion.
Kerama Marazzi within 2019-2022 intends to invest 5 billion rubles in the production of sanitary ware and ceramic granite in the Oryol Region, according to the website of the regional government.
Cherkizovo group, together with potato-growing canadian company McCain, is considering the creation of a potato processing factory in the Oryol Region. Press service of the Regional Government reports about it following the results of a meeting of Andrey Klychkov, Governor of the Region, with representatives of potential investors. The parameters of the project are not disclosed. The participants of the meeting visited Agrofirma Mtsenskaya, JSC, inspected the sites in the Green Grove industrial park and in Bolkhov District.
Kerama Marazzi, LLC has purchased over 110,000 sq.m. in Orel Industrial Park (IP), as reported by the Press Service of the Government of the Orel Region. According to the press service of Severstal-Metiz, OJSC, industrial park's management company, the transaction was closed at the end of 2018. Kerama Marazzi bought out the remaining areas in the park and is planning to build two factories: sanitary ware production (capacity of 270,000 items per year) and ceramic granite production (capacity of over 5 million sq.m. per year). The launch of the former is expected in Q1 2020, and the latter is scheduled for 2022. The sites are expected to provide over 400 jobs. According to Kerama Marazzin, RUB 5.1 billion is to be invested.