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Plant to manufacture products of plastics will be launched in the Vorsino Industrial Park

On October 26, the Government of the Kaluga Region and Plastway LLC signed the agreement on the investment project implementation that is the construction of an enterprise to produce plastic products within the Vorsino Industrial Park. The corresponding document was signed by Vladislav Shapsha, the Governor of the Kaluga Region and Lyudmila Kuznetsova, Director General of Plastway LLC.

The Agreement provides for the construction of an enterprise for the production of plastic products by casting method under the pressure using high-quality automatic molding machines and non-toxic raw materials.

The project is being implemented by MG Plast. The planned volume of investments amounts to about RUB 400 mln. The number of working places created is about 80. Currently, the company is located on leased sites in Ermolino, Borovsky District, the Kaluga Region. Since 2009, the company is the supplier of components for Samsung Electronics Rus Kaluga (components for LCD TVs, monitors, washing machines).

Referring to the new project, Vladislav Shapsha noted the importance of construction of new enterprises, as well as the attraction of investments to the region: "Even in such difficult times, we find opportunities for the development of the Kaluga Region's economy."

In turn, Lyudmila Kuznetsova, positively assessing the investment climate of the region, shared the Company's plans: "Our company will continue to develop technologies for the production of plastic products. We are going to launch a new direction in the manufacture of plastic products, such as the injection blow molding (PET containers for cosmetics, pharmaceutical products, household chemicals, etc.). We want to build a modern plant, as well as to create new comfortable working places."