MOSCOW TIME: 16.05.2021 19:24:21

Companies + Local News

Schneider Electric to expand production in Russia

Schneider Electric to expand production in Russia

Schneider Electric (SE) (France) intends to expand its Russian operations dealing with the manufacturing of IT and electric power equipment. To implement this plan, the vendor is holding negotiations with the Ministry of Industry and Trade.



Schneider Electric to expand production in Russia


Schneider Electric (SE) (France) intends to expand its Russian operations dealing with the manufacturing of IT and electric power equipment. To implement this plan, the vendor is holding negotiations with the Ministry of Industry and Trade. As of today, more than 60% of the products supplied by SE to Russian customers are manufactured in Russia at the six factories owned by the company.


According to Vice President of IT Division (ITD) Schneider Electric in Russia and CIS Natalya Makarochkina, the company is serious about the Russian market. For the last five years, SE has already invested into Russia more than $1 billion. SE also manufactures a portion of its IT equipment in Russia. The company plans to expand its production capacity and does not rule out the possibility that this may happen in the next six months.


The Russian subdivision of Schneider Electric employs more than 12 thousand persons. The company's plants are located in the Leningrad Region, Kozmodemyansk (Mari El Republic), Yekaterinburg and Samara.†



Share this:

Share this Share this Share this
† †

NEWS


04.12.2019 TVEL completes the contract for supply of fuel pellets to India for Tarapur NPP

TVEL JSC has shipped to India the final consignment of uranium  fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...

26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

04.09.2019 Russiaís trade turnover with African states up 17% in 2018

Russiaís trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

EVENTS


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