SEZ “Avangard” held negotiations with a potential resident
SEZ “Avangard” held talks with a potential resident
Today, a working meeting was held with representatives of a company from China, with whom agreements were previously reached at the Second Russian-Chinese Forum in Shenyang.
Investors plan to place a plant on the territory of the SEZ with an area of 10,000 square meters for the production of wallpaper and wall coverings.
Zhongke Huanze (Shandong) Transborder E-commerce Industrial Park Group Co., Ltd. was founded in 2016 and specializes in research, development, production and sale of decorative materials. The company’s total investment amounted to 94.5 million yuan, the annual production volume is 126 million yuan, and tax revenues are 6.75 million yuan.
The products are exported to more than 20 countries and regions such as Russia, Africa, Southeast Asia, India, the Middle East, Central and Southern regions, America and Europe, among which the export to Russia accounts for 30%, and the plant is currently leading the industry.
Source