Procter & Gamble has launched a feminine hygiene production line at its plant in Novomoskovsk, Tula Region, for the expansion and upgrade of its local production facilities in Russia. The expansion is part of P&G’s strategic investment plan that was presented at the St. Petersburg International Economic Forum in 2019. The total investment announced by P&G is ca. RUB 2.5 billion, much of which has been spent for a local production line to manufacture feminine products under the Discreet brand name.
Unilever, one of the world’s and Russia’s leading producers of essential commodities and food products, organized production of Barkhatnye Ruchki hand sanitizers in Russia. This is the company’s response to the market demand amidst the growing infection rate in the country.
An interdepartmental commission for concluding special investment contracts approved the project of the Chinese Great Wall automaker, a representative of the Ministry of Industry and Trade of the Russian Federation said. The contract, which is planned to be signed with the Russian subsidiary of the automaker - Haval Motor Manufacturing Rus, involves the development of a car plant built in the Tula region.
Procter & Gamble invested RUB 2.5 billion in the establishment of a distribution center near Tula. This news is reported in the statement of the company.
“A single P&G distribution center in Novomoskovsk has been built and is being prepared for opening. The total investment in the establishment of the company’s largest logistics center in Europe has reached RUB 2.5 billion,” the statement says.
The Russian subsidiary of the Chinese Great Wall Auto Group, Haval Motor Manufacturing Rus (Haval), is plamming to build an engine plant in the Tula region with investments of ₽17.75 billion. The statement of the company reports.
The authorities of the Tula region concluded an investment contract at the St. Petersburg International Economic Forum on the construction of the second stage of the automobile plant of the Great Wall Motor (China) in the Uzlovaya industrial park. Investment in the project will amount to 27 billion rubles, the press service of the Tula Region government said on Thursday.