MOSCOW TIME: 16.07.2019 03:40:47

Companies + Economy + Local News

French to erect new $50 mln plant in Kaluga Region

French to erect new $50 mln plant in Kaluga Region

A French factory is going to be constructed in the Kaluga Region to manufacture lubricants and car oils.



French to erect new $50 mln plant in Kaluga Region


A French factory is going to be constructed in the Kaluga Region to manufacture lubricants and car oils.


Total Vostok (France), a subsidiary company of concern Total, has executed a cooperation agreement with the government of the Kaluga Region. $50 million has been invested in the project. The construction of the factory is going to take 18 months. The use of local materials and offering jobs to the residents of the Kaluga Region are among prerequisites to developing the business in the Region. The factory is going to create 50 additional jobs.


The company is expected to export its products to the Belarus Republic and countries of Middle East.



Share this:

Share this Share this Share this

NEWS


15.07.2019 Orel Regions High-Tech Export To Germany

From January to April, 2019 Orel regions export to Germany increased by 7% compared to the same period of 2018 and amounted to $5.9 mln.

15.07.2019 Pskov Regions Export To Spain Increased By $1.64 mln

From January to April, 2019 Pskov regions export to Spain went up by 1.64 mln. compared to the same period of 2018 and amounted to $1.65 mln.

12.07.2019 Russias Fuel Element Export To Slovakia Doubled

In 2018 Russia became the worlds largest exporter of fuel elements (cartridges). Its export volume amounted to $981 mln or 44% of worlds fuel element export.

EVENTS


01.10.2019 RUSSIAN ENERGY WEEK

October 1-5, 2019 Moscow (Russia)

17.07.2019 II International Export Forum TIME TO EXPORT

July 17, 2019 Ufa (Russia), Congress Hall Toratau

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners