Archive for April, 2007

From Hannover to Elista – with a new plant

Investment climate in Kalmykia From Hannover to Elista – with a new plant. The largest international exhibition of industrial innovations, the Hannover Industrial Trade Fair was closed last week in Germany.

This year was the exhibition’s 60th anniversary was celebrated by over 6,400 business participants from 60 countries, including Russia. Read the rest of this entry »

Rosenergomash entered Kalmykia investing EUR 10 million in a new plant

Investments in Kalmykia Rosenergomash entered Kalmykia investing EUR 10 million in a new plant. Russian small power-plant engineering, which has up to now been in stagnation, is recovering. At the end of the last week Rosenergomash Concern and Kalmykia signed an agreement for construction of an electrical engineering plant on the Kalmyk territory for EUR 10 million. The experts believe that the number of these enterprises will be growing with the increase in demand for small power-plant engineering products by 25 % per year and the industry consolidation prospects.
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Rosenergomash Concern and the Kalmyk Republic Government commence construction of a new electrical engineering plant

Rosenergomash Concern and the Kalmyk Republic Government commence construction of a new electrical engineering plant.

Kirsan Ilumzhinov, the Head of the Kalmyk Republic, the President of the World Chess Federation (FIDE), and Vladimir Palikhata, the President of Rosenergomash Concern, signed an agreement for construction of Elista Energomash plant at the Hannover Industrial Trade Fair.

Russian Rosenergomash Concern and the Government of the Kalmyk Republic signed an agreement for construction of Elista Energomash plant to manufacture electrical engineering equipment in Kalmykia at the world’s largest International Industrial Trade Fair in Hannover (Germany). This agreement Read the rest of this entry »