Wednesday September 26, 2018
Home Business Indian paint ...

Indian paint company, Berger Paints to open plant in Nevinnomysk, Russia

0
//
217
Republish
Reprint

 

Moscow: Indian paint manufacturing company Berger Paints has chosen to set up a plant in the Russian town of Nevinnomysk in the Stavropol region.

The decision to locate its paint and varnish manufacturing centre there, was taken after a group of Indian investors visited the town’s industrial park.

Indian investors visited a Russian regional industrial park, Nevinnomysk, along with regional officials, Vasily Shestak, first Deputy Head of the Nevinnomysk administration, and Dmitry Tolmachev, Deputy Minister of Energy, Industry and Communication of the Stavropol region. After examining some of the other functioning enterprises and exploring the options, the Indians decided to set up a paint manufacturing factory there.

Vladimir Vladimirov, Governor of the region, and Kuldip Singh Dhingra, owner of Berger Paints, one of India’s biggest paints and varnish manufacturing companies, had in February 2015 signed in New Delhi an agreement on cooperation, to establish an industrial and domestic paint and varnish manufacturing unit.

Berger officials are finalising a site for the factory at Nevinnomysk, for which four to six hectares of land is required. The company plans to invest at least $5 million in the project and create at least 50 jobs. According to local residents, it makes sense that Nevinnomysk was selected as the location for the new plant, because it has a highly developed transportation and logistics infrastructure for industry.

During their visit to Nevinnomysk, representatives from Berger Paints along with Shestak, Tolmachev and other local authorities and local and regional journalists visited some functional enterprises. These included PK Stroymontaj Yug (aggregate industry), USK (producing construction materials), MK-Nevprom (manufacturing multilayered paper bags), Lissant-Yug (poly-urethane sandwich-panels installment), Nevinnomyssky profil (manufacturing roll-shaped zinked metal profiles using cold shaping method), Terminal (logistical complex) and metallurgical factory Stavstal.

The regional industrial park began functioning in 2010 as a pilot project for the region. In 2012, it received a certificate from the association of the industrial parks of Russia with an “active” status, which was confirmed in 2014.

The value of investment in projects at the park is 16.74 billion rubles ($294.5 million). Investors have already paid 7.5 billion rubles. Of the 1,255 jobs envisaged, 624 jobs have been created, around 80 percent of all jobs created in the town.

Active enterprises have produced almost two billion rubles, and actively contributed to the town’s economy, thus improving conditions in the town and the region. (IANS)

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

Google Gets Warned By Russia For Meddling In The Elections

Russia has long pushed for greater control of information published by Russian users.

0
Google
A Google logo is seen at the company's headquarters in Mountain View, California, VOA

Russia on Tuesday said it has officially warned US internet giant Google against meddling in next Sunday’s local elections by posting opposition leader Alexei Navalny’s videos calling for mass protests.

Representatives of Russia’s electoral commission, the Prosecutor-General’s Office and the state internet watchdog at a meeting alleged Navalny uses Google’s services to disseminate illegal information and warned that the company may be prosecuted if it does not act to stop this.

A Google spokeswoman declined to give a specific comment, telling AFP in an emailed statement that the company “reviews all valid requests from government institutions.”

Central Election Commission member Alexander Klyukin said the commission had sent an official letter to Larry Page, the CEO of Google’s parent company Alphabet, regarding Navalny’s use of YouTube.

The fierce Kremlin critic has urged Russians to protest on September 9, when several Russian regions and Moscow elect regional and local officials.

Russia
Vladimir Putin, President of Russia, wikimedia commons

Navalny is currently serving a 30-day sentence for violating public order laws during a protest earlier this year.

“Mr. Navalny buys the company’s advertising tools to publish information on YouTube about the mass political event on September 9, on the day of elections,” Klyukin said.

“We informed Google that such events on election day will lead to massive violation of the law” because political agitation is banned on election day, he said.

“Meddling by a foreign company in our election is not permitted.”

He called Google a “gigantic American company” and hinted that Washington uses it as an influence tool.

US officials have repeatedly warned about the dangers of Russian interference in upcoming elections and there is a full-scale probe underway into Moscow’s alleged role in the 2016 presidential election which brought Donald Trump to office.

Russia
Central Election Commission member Alexander Klyukin said the commission had sent an official letter to Larry Page, the CEO of Google’s parent company Alphabet. (VOA)

‘Mouthpiece’ for illegal information

The deputy chief of Russia’s internet watchdog Roskomnadzor, Vadim Subbotin, accused “foreign internet platforms” of disrespecting Russian laws and serving as a “mouthpiece for disseminating illegal information.”

He said Google-owned YouTube “acts as a link in the chain for propaganda of anti-social behaviour during Russian elections.”

He said “over 40” YouTube channels “constantly call for violating Russian law.”

“Certain parties interested in destabilising the situation in Russia attempt to attract internet users to illegal actions by providing unlimited opportunities on foreign internet giants like Google,” he said.

If Google fails to respond to official complaints, this will be seen as “de-facto direct intervention in Russia’s domestic affairs,” he said.

Russia
Russia Warns Google Against Election Meddling. Wikimedia Commons

The officials discussed their grievances against Google during a meeting at Russia’s upper house of parliament.

Also Read: Google: Flagship Pixel Watch Not Coming in 2018

Alexei Zhafyarov, an official from the Prosecutor-General’s Office, said it had sent an official warning to Google over the “inadmissibility” of violating Russian election law.

“This is a rather serious measure, after which they can be called to account,” including via criminal prosecution, he said.

Russia has long pushed for greater control of information published by Russian users on international platforms to curb political dissent and prevent terrorism. (VOA)