A large section of the ZIL plant was put up for auction in Moscow

PJSC “Plant named after Likhachev” (AMO “ZiL”) has put up for auction the sale of 100% of shares in LLC “ZiL Vostok”, which owns the rights to 25.6 hectares on Avtozavodskaya Street. The land is sold for commercial construction. This is reported by “Vedomosti” with reference to information published on the website of the investment … Read more

Hino Motors delays with a plant in the Moscow region // Production start postponed until 2023

The launch date of the Toyota Hino Motors subsidiary plant in Khimki has been postponed for the third time – to the beginning of 2023. The commissioning of the facility should take place earlier – in the spring of 2022. The market is talking about its suspension and the company’s desire to sell the site. … Read more

Ericsson probing the base // GS Group may become a localization partner

As Kommersant found out, the Swedish manufacturer of telecommunications equipment Ericsson is conducting a technological audit of the GS Group site in Kaliningrad for the possible localization of the production of base stations. At the same time, Ericsson is considering an alternative scenario for launching its own plant in Russia. The company may become the … Read more

Rusal launched the first stage of the Taishet plant // Investments amounted to 100 billion rubles

Rusal launched the first stage of the Taishet aluminum smelter in the integrated testing mode, the construction of which was suspended due to the 2008 crisis. The enterprise will become one of the largest projects of the company. The launch comes amid high aluminum prices, which hit record highs in the third quarter, and a … Read more

Hyundai entered General Motors plant into SPIK // Crossovers will be assembled at the site

Hyundai has contributed to its investment contract the former site of the General Motors plant in Shushary. According to Kommersant’s information, the company will start producing crossovers there. Inclusion in the contract makes it possible to receive compensation for the collected models of the utilization fee, on which the economy of output strongly depends. At … Read more

RT-Invest reduced atmospheric pressure // Emissions of the future incineration plant were adjusted

The incineration plant under construction in Naro-Fominsk will emit almost half the amount of air pollutants originally planned. This fact was discovered by activists opposing incineration in the new project documentation of the plant, which is available for public inspection in a sports center in one of the villages near Moscow. Opponents of the construction … Read more

“Trust” dispensed with subordination // The bank retained its place in the line of creditors of “Sevkabel”

The Supreme Court of the Russian Federation (VS) upheld the request of the Trust Bank not to downgrade its claim in the order of the creditors of the Sevkabel plant. According to the Supreme Court, the extension of the loan in this case was not compensatory financing, and other independent creditors, but not the former … Read more

“Rosatom” added turbines // Order for the supply of equipment for floating nuclear power plants went to the Kirov plant

According to Kommersant’s information, the contract for the production of turbines for floating nuclear power plants intended for the Baimsky GOK was awarded to the Kirovsky plant. The deal will amount to RUB 16.5 billion. The second bidder, Power Machines in a consortium with the Ural Turbine Works (UTZ), withdrew from the competition, considering the … Read more

NM-Tech attracted forces from Taiwan // Company hired local microelectronics specialists

As Kommersant found out, NM-Tech, owned by VEB.RF, with the support of the Ministry of Industry and Trade, hired several dozen specialists from the Taiwanese UMC, the world’s third-largest semiconductor manufacturer. They were offered a competitive salary and a move to Russia with their families. Personnel are needed to launch a new production facility on … Read more