Representatives of "Rosset" AND " SEZ " Titanium Valley " discussed issues of further implementation of projects to produce innovative kinds of wires in the Middle Urals

As part of the exhibition, INNOPROM-2015 met the delegation of PJSC "Rossetti", headed by CEO Oleg Budargin, with the CEO of the SEZ "Titanium Valley" ArtemyKyzlasov. The Director General of JSC «IDGC of Urals» Sergey Dregval and the director of branch «Sverdlovenergo» Oleg Moshinskii also attended the meeting.

The parties discussed about the progress of the project for the production of innovative equipment in the Sverdlovsk Region.

Recall that last year on the offline site INNOPROM 2014 heads a subsidiary of PJSC "Rossetti" - "IDGC of Urals" and a special economic zone "Titanium Valley" signed an agreement with the intention to develop the production of innovative materials for the benefit of the electric grid complex.

In the framework of the signed on INNIPROM 2014 Agreement, the parties agreed to promote the development of the production of new types of cables for a more power transmission lines with higher performance. Agreement members agreed to form a business plan where all economic characteristics of the new production will be registered. During the year, the project was carried out to develop a business plan.

"Due to changes in the macroeconomic situation, the timing of the project on the reorganization of cable Production Company have been adjusted. Economic calculations for the construction of the plant reviewed several times due to changing conditions, including the financial markets by the parties. At the present, after the stabilization of the business plan, the appropriate criteria for the Economic Development Ministry, again runs consideration within the company. In the near future, it will be finally done, and with our colleagues from the Titanium Valley, we will begin to search for a co-investor,"- said General Director of JSC" IDGC of Urals "Sergey Dregval during the meeting.

It is now defined area for the location of production in VerkhnyayaSalda urban district of the Sverdlovsk region. To the borders of the future industrial site is brought the entire necessary infrastructure - electric, gas, heating networks, water supply.

"This is an important project, which will contribute to the development of the real economy and the accomplishment of the import substitution program which is a strategic task for our country. We are interested in the soonest its development (we are interested in its early development ). After a detailed study and with the arrival of investors, the region will receive the necessary production of innovative materials for energy, "- said General Director of JSC" SEZ "Titanium Valley" ArtemyKyzlasov.