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Wilo Strengthens Its Position in Russian Market
2017/12/26
On October 13, 2017 in Moscow, Jens Dallendoerfer, managing director of Wilo Russia, Denis Manturov, minister of Industry and Trade, and Andrei Vorobyev, governor of the Moscow Region signed a special investment contract.
 
For the German-based pumping equipment manufacturer Wilo, signing this agreement is an important element of its localization strategy. Local manufacturing in Russia will serve as a platform for the company’s activities in the European-Asian market. Wilo will manufacture products for local consumers in Russia and will continue to invest significantly in its new plant in the town of Noginsk in the Moscow Region.
 
On October 12, 2017, the day before signing the document, Vladimir Putin, president of the Russian Federation met in Sochi with the delegation of the Eastern Committee of the German Economy.
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