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MORDOVIA DEVELOPMENT CORPORATION OFFERED THE INVESTOR A NUMBER OF SITES FOR THE IMPLEMENTATION OF THE PROJECT

The Verstakoff company plans to expand production in Mordovia with a total investment of about 900 million rubles. The investment project involves the creation of the production of innovative products in the field of metal products and metal furniture with a design capacity of more than 1 billion rubles a year.

Employees of the Center for Design Solutions of the Mordovia Development Corporation offered several options for sites for localization of the project in Saransk and Ruzaevka. Today they were examined by Igor Silin, General Director of TPC Verstakoff LLC (immediately after a working meeting with Artem Zdunov, the Head of Mordovia, during which investment cooperation and development of the enterprise were discussed).

The implementation of the investment project will create more than 250 new jobs. In addition, it will increase tax revenues to the regional budget.

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Verstakoff produces repair equipment, mobile repair complexes and automated warehouses.