Ulyanovsk, June 9 — RIA Novosti, Love Chilikova. Germany‘s Schaeffler on Monday will lay the first stone of the factory of automotive and industrial components, which will be built in the industrial area of Ulyanovsk "Volga", said Governor Sergei Morozov on Sunday at the opening of the XII Conference of the partner cities of Russia and Germany in Ulyanovsk.
"Tomorrow will begin construction of the plant Schaeffler", — said the governor.
According to the JSC "Ulyanovsk Region Development Corporation," an agreement to build the plant Schaeffler was signed in December 2012. This will be the first production site in Russia. "Plant for the production of automotive and industrial components will be located on 22 acres in the industrial zone of" Volga "- quoted in the corporation General Director of" Schaeffler Manufekchering Rus "Mikhail Volkov.
The company intends to produce in Ulyanovsk Hub bearings for trucks and cars, clutch, engine components, as well as details of the belt drive. Start of production is planned for 2014. The total investment will be about 2 billion rubles. Thanks to the project in the region will create about 450 new jobs.
Schaeffler is one of the world’s leading bearing manufacturers and has more than 180 companies in 50 countries with a workforce of approximately 76,000 people. About 60% of sales to the automotive industry. Group turnover of 10.7 billion euros.