MOSCOW TIME: 20.04.2024 03:53:20
The holding company is a Russian representative office of Italian corporation WAMGROUP, a global leader in developing and manufacturing equipment and components for bulk material handling and dust filtering.
An Italian investor to come to the Arkhangelsk Region shortly
The holding company is a Russian representative office of Italian corporation WAMGROUP, a global leader in developing and manufacturing equipment and components for bulk material handling and dust filtering.
The company plans to open a facility in the maritime area (Pomorie) to assemble equipment. As Alfredo Bayoni, the General Director of LLC WAM Moscow, explained, the Arkhangelsk Region is attractive primarily from a logistical perspective as components may be supplied by sea.
The company's representative office will be registered as a legal entity in the Region so taxes will be paid directly to the Arkhangelsk Region's budget.
At this particular stage, the company needs to submit its business plan based on which the Regional Government has promised to help to find an optimal site for the production facility.
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