MOSCOW TIME: 24.04.2024 03:40:46
"Diado Metal Russia" (subsidiary of Japanese "Daido Metal Co., Ltd.) plans to open in the Nizhni Novgorog Region a new facility producing plain bearings for engines of KAMAZ, YMZ and light vehicles.
Japanese Obligee invests RUR 640 Million in Bearings Production in Zavolzhye.
"Diado Metal Russia" (subsidiary of Japanese "Daido Metal Co., Ltd.) plans to open in the Nizhni Novgorog Region a new facility producing plain bearings for engines of KAMAZ, YMZ and light vehicles. The Letter of Intent was signed by Region's Governor Valery Shantsev and Chairman of the Board and Chief Executive Officer of "Daido Metal Co." Mr. Seigo Hanji on November 4, 2015.
Mr. Hanji also promised to attract a range of Japanese automotive components producers to the Nizhni Novgorod Region. "I like Nizhni Novgorod and its region a lot and I am sure it is the right place to implement our projects" - stated Mr. Hanji.
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