AliExpress Russia as part of an investment round will be awarded 30% in a company developing the marketplace KazanExpress. The latter now works with the regional suppliers and focuses on consumers from the European Russia, but plans to expand its coverage. In the opinion of experts, AliExpress Russia needs the transaction to broaden its regional presence without large-scale investment in the infrastructure.
Chinese Haier Corporation plans to establish local production facilities to manufacture components and microelectronics for Haier in Alabuga SEZ, the press service of the President of Tatarstan said after the meeting between President Rustam Minnikhanov and Sun Zhenhua, CEO of Haier Industry Rus.
Airat Gizzatullin, Director Khimgrad, and Mauro Merlo of Italian Autopart Srl signed an agreement of mutually beneficial cooperation. The partnership will pertain to manufacturing of automotive components for the Aurus family and will strengthen the financial position, improve output of competitive products and ensure social security for the employees.
Huhtamaki, Finnish food packaging and disposable tableware manufacturer, prepares to launch a new fiber packaging plant in Alabuga Special Economic Zone, Tatarstan, the production is expected to begin in 2022, the company said on Friday.
Ford Sollers JV will relaunch its engine plant in Alabuga SEZ, Tatarstan, Indira Salimgaraeva, the company’s agent in Tatarstan, said to Vedomosti. It would manufacture diesel engines for Ford Transit vans, with the mass production to start in 2023.
The international company Alishech Ltd plans to build a blood plasma fractionation plant in Tatarstan. According to the Tatarstan Investment Development Agency, its production capacity can reach 500 tons a year by 2024.