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THE NUMBER OF RESIDENTS OF RUZAEVKA PRIORITY DEVELOPMENT AREA IN MORDOVIA HAS INCREASED TO 21

The number of residents of Ruzaevka, the first priority social and economic development area in Mordovia, has grown to 21.

The Ministry of Economic Development of Russia has recently included six new companies in the register of residents of Ruzaevka priority development area.

GLASS DECOR Ruzaevskaya Glass Company joined the Ruzaevka priority development area with a project for the production of colorless and decorated glass containers for the food industry. The total investment will amount to 1 653.4 million rubles. The new production will employ 203 people.

The second project was initiated by the Polymernye Composity company. They proposed to create a production of polymer composites with 221.75 million rubles in investments. It is planned to create 153 jobs here.

Ovotech Ltd. is the third new resident. The company plans to start the production of food products (meat and semi-finished products, compounds based on egg products) and soft drinks bottling. The project is worth 65.65 million rubles and it will create 85 new jobs.

The Exponenta company joined the Ruzaevka priority development area with a project for implementation of chemical production for the construction and agricultural industries. The total investment will amount to 43.5 million rubles. There will be 21 new jobs.

The fifth resident of Ruzaevka priority development area is the NOVA Center for Industrial Innovation with a project for the production of goods and equipment using machining, casting and stamping technologies. The project with a total investment of 62.1 million rubles will employ 95 people.

The sixth resident, Mashkomplekt Company, plans to start the production of metal structures, plastic goods, the production of machinery and equipment for agriculture, special vehicles, trailers and semi-trailers and the processing of metal. The total investment for the project is 52.2 million rubles. The new production will employ 40 people.

The implementation of the six projects will create 597 new jobs in Ruzaevka.