In the Ulyanovsk region one more Legrand plant to be placed in the Zavolzhye industrial park
Relevant arrangements were reached at the International Investment Forum between the Government of the Ulyanovsk region, Ulyanovsk Region Development Corporation and Legrand Group.
According to the experts of the Ministry of Economic Development and Competition, the French investor will construct the second plant on production of low-voltage cross connect equipment in the territory of the Zavolzhye industrial park. Project investments will total in about 1 billion rubles. The investor is going to create 300 new workplaces for inhabitants of the region. Commissioning of the new enterprise is planned before the end of 2018.
"The fact that our French partners are going to build the second plant in the Ulyanovsk region is the best proof that the work, which we carry out towards ensuring better investment climate and comfortable business conditions, has a positive effect. It is the answer to sanctions: our cooperation with representatives of the international business is once again greater than the external artificially created factors. I am sure that this project will be no less successful. Its implementation is a big step towards strengthening of the region's standing in Russian and world markets and, therefore, towards improvement of the standard of living", - the Governor of the Ulyanovsk region Sergey Morozov noted.
Earlier, in April 2014, Legrand launched the first plant on production of low-voltage cross connect equipment in the territory of the Zavolzhye industrial park. The company manufactures electrical appliances, plastic cable channels, metal and wire cable trays, circuit breakers, transformers and other products.
The investor contributed about 600 million rubles to the enterprise, having employed 250 inhabitants of the region. Products of the Ulyanovsk plant are sold in Russia and the CIS countries.
As a reference:Legrand Group is a French company. It manufactures electrical products, as well as solutions for electrical and information networks, which include electric equipment, cable systems, automation systems, safety switching devices, and distribution cabinets and panels.