Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


German Industrial Companies Invested 2 Billion Euros In Russia
June 6, 2017 12:21


(Source: http://sportnews94.ru/tag/siemens)

Last year German industrial companies invested two billion euros in the implementation of projects in Russia. This was announced at the international railway forum "Strategic Partnership 1520" by the Executive Director of the Eastern Committee of German Economy, Michael Harms.

According to him, the German corporations were more willing to invest in various sectors of the Russian economy. "This trend has been intensified due to the favorable exchange rate of the ruble and the policy of import substitution. And only last year, German companies invested two billion euros in the Russian Federation. More than half of the companies that we interviewed have production in Russia and will expand it,” he said.

Harms reminded that only Siemens Corporation had created more than 40,000 jobs in various industrial sectors in Russia. The company, in particular, produces electric trains "Lastochka" and electric locomotives at the plant "Ural Locomotives" (a joint venture with Sinara). "Another example of the railway industry is Fosslo Company, which has completely localized the production of rail fasteners and will open its plant in Russia in October," Harms added.


Sources: http://lenta.ru 


Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

Eduard Artemiev and Nikita Mikhalkov Take Shostakovich Award Russian Car Market - 6th in Europe Top 3 Videos From Russia Standard & Poors Rating Agency Refused to Change Russias Rating Against the Adoption of New Sanctions of the US Cracking polonium mystery: premature conclusions









Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Bryansk Airport  Miniatures  Russian media  Mercedes-Benz Fashion Week Russia  Russia's richest  Festivals in Moscow  Oboronservis  Russian Cinema  Russian art  Alexander Lebedev  Power Museums  Aleksei Arbuzov  travel to Russia  Russian Grids  SahArt  Travellers  animation  Debutants  Russia-Vietnam  Jennifer Lopez  Russian science  the Moscow Circus  Russian tourism  Water  Rostov the Great  Exhibitions in Moscow  Business in Russia  Volgograd  Whistles  Russian television  Russian Bears  Street Art  Khimki elections  St. Petersburg  Christmas  Christmas markets  Tver  Rostov-on-Don  Russian Museums   Russian business  Russian regions  poll  Architecture  Kinotavr Film Festival  Moscow  Historical Exhibitions  Sochi 2014  Kazan Kremlin  Russian exhibitions  Graphic Art 


Travel Blogs
Top Traveling Sites