New fruits of cooperation with investors

New fruits of cooperation with investors
Today, the construction of a new «Grodan» factory for the production of plant substrates at the territory of Special Economic Zone «Alabuga» was launched. The President of Tatarstan Rustam Minnikhanov, the Head of Tatarstan Investment Development Agency Taliya Minullina and the CEO of Rockwool-Volga factory Maksim Vasilyev took part in an event.

The initiator and investor of a new project is «Rockwool-Volga» LLC, an existing resident of SEZ «Alabuga». Rock wool based products of «Rockwool» will enhance the energy efficiency of our buildings and facilities not only in the republican but also in the federal market as a whole.

The construction of the production building will be carried out by Alabuga Development Company, a subsidiary of Alabuga SEZ, established to provide general contracting services to residents of the special economic zone. The Rockwool project will be the first order for the new organization. The building for the new production line will be attached to the existing plant. The construction is scheduled to be completed in the summer of 2018.

«For five years we have been cooperating with „Rockwool“ company. For a new project Danish partners have chosen our republic and are planning to invest about 500 million rubles into the project», — Taliya Minullina shared the success story of cooperation with the Danish company.
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