The Russian Direct Investment Fund (RDIF) and the French company Schneider Electric have formed a joint venture based on the assets of the electrical equipment manufacturer Electroshield Samara, investments in the company amounted to RUB 3 billion, the RDIF said.
Danon Russia JSC will investing over RUB 4 billion in its branch, the Samaralacto dairy plant,” the Government of the Samara Region reports. The corresponding agreement on cooperation was signed by the head of the region Dmitry Azarov and the company Director General Charlie Capetti.
On July 5, in the territory of the special economic zone Togliatti, the grand opening of the Russian-Serbian enterprise Gomma Line took place.
The company’s products are delivered to the Renault-Nissan-AvtoVAZ, GAZ, UAZ plants, as well as to the NAMI FSUE site, which manufactures Aurus cars (the Cortege project).
Novares (France), a supplier of plastic parts for various car makers, opened a factory in Tolyatti, Samara Region. The company is renting 1,860 sq.m. of land in the industrial park AutoVAZ, part of the Renault-Nissan alliance.
Vasilina Agroholding and Syngenta decided to launch a joint project that will allow the establishment of the most popular sunflower hybrid seed production in the Samara region.
The Russian Direct Investment Fund (RDIF) and the Schneider Electric (France) intend to invest at least 3 billion rubles in Electroshield Samara, the electrical equipment manufacturing company, RDIF reports at the SPIEF.