New production in the Industrial park of AVTOVAZ

New production of the company “HM Rus” was launched in the Indistrial park of AVTOVAZ on December, 10, 2018. The event was attended by the leadership of Togliatti, resident of industrial park and industrial site.

On the area of more than 14000 sq m “HM Rus” will produce high-quality heating radiators. The total amount of investments in new production makes 311 million rubles.

It is to recap that currently 10 companies-residents are working at the sites of industrial park of AVTOVAZ, which have created 1210 new jobs. The project aimed at creation of additional jobs in Togliatti and the use of sites, not engaged in the production of AVTOVAZ, will continue to develop. Residents of the park plan to create another 350 new jobs in 2019.

For reference:

HM Heizkorper (Germany) – the trademark of heating radiators established in 1994. Production sites are located in Germany, Turkey, Russia. Sales make more than 500 K radiators per year.