Tver Regional Governor Igor Rudenya discussed with CEO of Shell Oil LLC Sergei Starodubtsev the implementation of a new investment project in Torzhok, the press office of the Regional Government reports.
Hitachi Construction Machinery Eurasia expands production in the Russian Federation. The company's plant in the Tver Region will produce buckets for six models of excavators of medium operating weight. Previously, these attachments were imported from Japan.
Axis Communications expanded its production line at the Jabil factory in Tver, one of Axis' production partners in Europe, due to high demand for the company's products. The range of models made in Russia was joined by cameras equipped with the new generation chip ARTPEC-7 utilizing elements of artificial intelligence. Currently Axis' own production releases 16 models of the most in-demand cameras on the Russian market. Production volume has increased by 60% in comparison with 2016 when the company first launched its local production facility in Russia.
Orion International Euro will build a new foods factory near the village of Krivtsovo, Kalinin District, Tver Region, in two years. Tver Governor Igor Rudenya and Pak Chŏng Rŭl, CEO of Orion International Euro, laid the foundation stone at the construction site on September 9.
Jiangsu Qianmu Biotechnology Co., Ltd (China) is planning to construct a meat products factory in the Tver Region, with estimated investment of $15 million. According to the press center of the regional government, preliminary agreements on the project were reached during the business visit of the regional delegation to the People's Republic of China.
SKF, the Swedish company, launched a new production in Tver. This is a wheel hardening line for railway vehicles. According to the OTP, the opening ceremony took place on Tuesday.
The Swedes built the plant in Tver almost nine years ago, the investments amounted to a little more than two billion rubles.