Investments

In Kalmykia to be built Autograd

On the territory of Iki Burulsky area on the principles of public-private partnership plans to build Autograd.

This was said yesterday at a meeting of potential investors, representatives of companies “Tilke GmbH & Co. KG” Van Ray (Germany) and Advisor to the Director of JSC “Setstroy” Yuri Shevchenko and members of the Government of the Republic of Kalmykia. Met First Deputy Prime Minister of Republic of Kalmykia, Vyacheslav Ilyumzhinov. Read the rest of this entry »

A workshop to launch the first two wind farms in the village of Sandy Republic of Kalmykia

Wind energy First Deputy Prime Minister of Republic of Kalmykia, Vyacheslav Ilyumzhinov held a workshop to launch the first two wind farms in the village of Sandy Republic of Kalmykia.

The meeting discussed technical issues and issues of interaction between partners, creating a working committee to run these facilities, the regional program of energy development.

In the discussions were: the authorized representative of the Russian Federation and the Republic of Kalmykia JSC “Falcon Capital,” Chairman Read the rest of this entry »

Great investment project “Wind power stations”

Wind turbines On the territory of the Republic of Kalmykia, in accordance with the investment project, signed between the Government of the Republic of Kalmykia and joint stock company “Falcon Capital” continues the construction of wind farms. The purpose of this project is to construct a Czech company JSC “Falcon Capital” of wind power station with capacity of 150 MW.

Quantity of wind turbines which will be installed at wind power stations will be 126 units. At the same time it is possible to change the quantity by using more powerful wind stations from the world’s leading energy producers, such as, Vensys AG and Vestas. Wind farms Read the rest of this entry »

Kalmykia to build town for Vietnamese immigrants

Kalmykia RIA Novosti: Russia’s southern republic of Kalmykia will build a town for Vietnamese immigrants, Kalmyk president Kirsan Ilyumzhinov’s press secretary said.

Buyancha Galzanov said Ilyumzhanov proposed the town be built during a meeting with Vietnamese President Nguyen Minh Triet, and also suggested the town be named after the Vietnamese president, who supported the idea. Read the rest of this entry »

The Government of Kalmykia and the Austrian company Diamond Aircraft intend to establish a joint venture for assembling light-engine airplanes in the Kalmykia republic

The Government of Kalmykia and the Austrian company Diamond Aircraft intend to establish a joint venture for assembling light-engine airplanes in the Kalmykia republic.

July 3, AVIA.RU – The Government of Kalmykia and the Austrian company Diamond Aircraft intend to establish a joint venture assembly of light-engine aircrafts in the republic, hoping to come up with this product to the private market and in the small special aviation field, informs the newspaper “Kommersant” in Volgograd.

The Austrian company Diamond Aircraft is considering building a factory in the territory of Kalmykia’s to assembly light-engine aircraft, manufacturing of aircraft propellers and wings for wind power mills. Diamond Aircraft visited the Kalmykia republic on a working visit and met with local authorities Read the rest of this entry »

Rosenergomash Concern to support Candidate Matches-2007

Investments in Kalmykia Rosenergomash Concern has become the General Sponsor of Chess Candidate Matches-2007 to be conducted in Elista (the Kalmyk Republic) from 26 May to 14 June 2007. Sixteen grand masters will compete for four vouchers to attend the Mexican World Championship. A magnificent entry list for these candidate matches forecasts a most interesting competition at all stages; the chess fans will be most pleased to watch games and support their favourite masters.

According to Vladimir Mironovich Palikhata, the President of Rosenergomash Concern, Read the rest of this entry »

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 »

Falcon capital to build wind power plants in Kalmykia

Wind turbines The Russian republic of Kalmykia and the Czech company Falcon Capital plan to build three wind farms in the republic at a total cost of over 150 million Euro, Kalmykia Economics Minister Vladimir Sengleev told journalists in Elista.

He said Kalmykia President Kirsan Ilyumzhinov and Falcon Capital CEO Jozef Cimbora signed an agreement of intent in Prague last Friday to implement an investment project to produce electricity in Kalmykia at wind plants with a total capacity of 150 megawatts. Read the rest of this entry »

Democratic designer Sultanna Frantsuzova open new stores in Moscow

Sultanna Frantsuzova Most democratic designer Sultanna Frantsuzova (russian: Султанна Французова) from Elista, fashionable thing from which one can buy for less than a thousand rubles, open new stores in Moscow – October 7, at the Leningrad avenue, 12, and in early December – on Smolensky Boulevard, 7, reports KalmykiaNews.

These will be, respectively, Read the rest of this entry »

Businessmen from the United Arab Emirates are ready to assist in the development of International Airport “Elista”

Businessmen from the United Arab Emirates (UAE) are ready to assist in the development of International Airport ‘Elista’.

This was announced the head of the delegation of the United Arab Emirates, the head of Immigration Service of Dubai (UAE) Saeed Matar Saeed Bin Belaila at a press conference in Elista during the visit to Kalmykia. Read the rest of this entry »

City Chess Hotel was opened in the Republic of Kalmykia

City Chess Hotel City Chess Hotel was opened in Republic Kalmykia, informed accomodation service.
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The Government of the Republic of Kalmykia came to the web and initiated the development of the web site

Government of the Republic of Kalmykia Information department. The Government of the Republic of Kalmykia came to the web and initiated the development of the web site. Read the rest of this entry »

In Elista commissioned primary wool processing factory “Elmi”

New factory Elmi Technology

In Elista (Republic of Kalmykia) commissioned primary wool processing factory “Elmi”.

Introduced a high-performance and low-cost technology washing wool, with high-quality characteristics of the final product. Read the rest of this entry »