MOSCOW TIME: 24.02.2018 05:06:25

Finance + Local News

CMS (Italy) may choose "Titanium Valley" to host its production facility

CMS (Italy) may choose "Titanium Valley" to host its production facility

The Special Economic Zone "Titanium Valley" (Sverdlovsk Region) and the Italian company CMS, a manufacturer of machine tools, have executed a letter of intent in respect of Innoprom Exhibition.



CMS (Italy) may choose "Titanium Valley" to host its production facility


The Special Economic Zone "Titanium Valley" (Sverdlovsk Region) and the Italian company CMS, a manufacturer of machine tools, have executed a letter of intent in respect of Innoprom Exhibition. The document was signed by the SEZ's General Director Artemiy Kuizlasov and the Italian company's CEO Marc Aceti, according to the "Titanium Valley". The Italian company is considering a potential localization of its first Russian facility during the forthcoming second phase of the SEZ's development. Intentions to implement projects during the second phase of the "Titanium Valley" were previously voiced by Russian Helicopters, Tekhnodinamika and the Ural Works of Civil Aviation with the latter becoming the anchor resident of the "Uktus" site.


"Localization in the "Titanium Valley" will afford us an opportunity to be in close vicinity to the UWCA, our core Russian partner. Moreover, our focus on civil aviation may facilitate the development of relations with other market players", Mr. Aceti noted.


Share this:

Share this Share this Share this

NEWS


22.02.2018 Russia-Japan dialogue to actively evolve at SPIEF 2018 and EEF 2018

Adviser to the Russian President Anton Kobyakov and Ambassador Extraordinary and Plenipotentiary of Japan to Russia Toyohisa Kozuki held a meeting in Moscow at which they exchanged...

22.02.2018 Russia-Serbia sales up 23% in 2017, Russian Deputy PM says

Sales between Russia and Serbia increased by 23% in 2017, Russian Deputy Prime Minister Dmitry Rogozin said in opening remarks at the 16th session of the Serbia‑Russia In...

20.02.2018 Intergovernmental Russian-Danish Economic Cooperation Council holds 11th session

The Russian delegation was headed by Russian Minister of Transport Maxim Sokolov, while the Danish delegation was led by Danish Minister for Foreign Affairs Anders Samuelsen.

EVENTS


06.09.2018 EASTERN ECONOMIC FORUM

September 6–7, 2018 Vladivostok (Russia)

09.07.2018 INNOPROM

July 9-12, 2018 Ekaterinburg (Russia)

24.05.2018 ST. PETERSBURG INTERNATIONAL ECONOMIC FORUM

May 24-26, 2018


INTERVIEWS


16.09.2015 The procedure for refunding VAT in practice

About how the procedure for refunding VAT in practice looks like, and what documents to submit to th...

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