RF Minister of Economic Development Andrey Belousov Visits the Booth of Titanium Valley SEZ at the Hannover Messe 2013 Largest Annual Industrial Fair

RF Minister of Economic Development Andrey Belousov became the guest of the Sverdlovsk Region’s booth during his visitation of the event’s key participants. He was welcomed by Deputy Chairman of the Sverdlovsk Region Government Alexey Orlov and by General Director of Titanium Valley SEZ OJSC Artemiy Kyzlasov.

During the meeting the parties discussed the region’s development prospects. In particular, Alexey Orlov elaborated on the plans for development of Bogoslovsky Industrial Park. Besides that, the Minister inquired about the further plans of the Titanium Valley Special Economic Zone managing company. During the conversation Mr. Belousov showed his awareness of the SEZ project fulfillment progress, which is one of the main investment projects in the Urals Region, and particularly dwelled on the importance of procurement of funding from Sberbank. Artemiy Kyzlasov filled the Minister in on the industrial site infrastructure development progress, plans to start up the first enterprises already by the end of the current year and on the steps that are being taken toward procurement of Federal funding.

Meeting with Viktor Neuwirt, the advisor to SMS Meer GmbH, Project Management, was an important part of the day. These negotiations were not the first ones for the management of the machine building industry leader. The company is already aware of the advantages offered by the Urals industrial site. The subject of this round of negotiations was opening of a service center at Titanium Valley SEZ and setting of manufacture of components for equipment installed at the Sverdlovsk Region and Urals Federal District enterprises. Besides, the German party is interested in joint programs in such areas as education, personnel training and research.
Cooperation and establishing of business connections with Titanium Valley SEZ was also interesting to the Florida Industrial Park. Artemiy Kyzlasov had a meeting with John Thomas, Assistant to Vice President for Economic Development and Public Relations, during which the parties discussed the possibilities for exchange of experience.

For information:

SMS MeerGmbH
The Company is a member of the SMS Group, the world leader in manufacture of machine building equipment and machine building complexes for processing of steel and non-ferrous metals. The turnover of SMS Group constitutes 3 billion Euros. The Group employs 11,000 people and consists of such divisions as SMS Siemag and SMS Meer. SMS Meer manufactures equipment and presses for metallurgy. It has 11 production and design centers in different countries of the world, as well as service and trade representative offices on all continents. The division employs 3,000 people. Its turnover is about 1.2 billion Euros. Interaction with the SEZ started from Hannover Messe 2012. The Sverdlovsk Region is the main region for development of SMS’ business in Russia. The Company supplies presses to the region’s metallurgical enterprises (VSMPO, EVRAZ).

Florida Institute of Technology, Office of Economic Development
It is a private research institute and one of the most famous educational institutions training specialists in the area of natural sciences, technology, engineering and mathematics. The Institute has well-established connections with NASA and is situated near the Kennedy Space Center and Florida Tech Research Park, the headquarters for hundreds of the most famous IT and high technology companies. Such companies as Embraer, Rockwell Collins and General Electric are among the Tech Research Park residents performing production, research and development activities as well as professional training programs.