Weidmueller, a German company, is going to invest into the development of a technology park in the city of Cheboksary. New facility to be invested into by the German investor is going to manufacture electric connectors
Germans to invest into Cheboksary industrial park
Weidmueller, a German company, is going to invest into the development of a technology park in the city of Cheboksary. New facility to be invested into by the German investor is going to manufacture electric connectors.
JSC NPO Kaskad is a Russian party to the project which has already executed an appropriate agreement to that effect. At the initial stage, NPO Kaskad is going to act as a product supplier as it successfully passed an audit held for this purpose in summer this year.
Weidmueller is going to proceed to the stage by stage implementation of projects aimed to create facilities manufacturing electric connectors in Russia by transferring to NPO Kaskad appropriate technology and providing training services for its employees and specialists. The new facility must be commissioned in 2017–2018. According to the Government of the Chuvash Republic, the German company intends to create a joint venture company with NPO Kaskad in future.
The trade turnover between the Mangystau region of Kazakhstan and the Russian Federation amounted to more than $52 million in the first five months of 2018.
According to the Federal Custom Service of Russia, from January to June, 2018 Russia-US trade turnover has amounted to $11.816 bn and thus increased by 11.3% compared to the sa...
According to the Federal Custom Service of Russia, from January to June, 2018 Russia-EU trade turnover has amounted to $143.96 bn and thus reached a 21.5% annualized growth.
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