COMPANY TO BUILD SCHAEFFLER car parts plant in Ulyanovsk region
Corporation for the Development of the region gave the company `Schaeffler` land for construction of the plant.
Dmitry Ryabov, head of the Ulyanovsk Region Development Corporation, and Michael Volkov, Managing Director of Schaeffler Manufekchering `Rus#39;, signed an agreement of purchase and sale of land for the location of production of automotive and industrial components.
At present, the company `` completes Schaeffler plant design and planning in early March to submit project documentation for the state examination.
`OAO Ulyanovsk Region Development Corporation #39;(created in 2009) - a regional development institution with 100% state capital, is engaged in attracting investments into the economy of the region, the creation and development of industrial parks in the Ulyanovsk region and support of major infrastructure investment projects.