According to local media, the third enterprise of the investor on the territory of Russia will also be located in “Zavolzhie” industrial zone.
Meanwhile, a part of production capacities will be moved from “Kontaktor” plant to the new spaces, while the released area will be reconstructed.
Legrand intends to invest about 1 billion rubles in a new project and employ 300 residents of the Ulyanovsk region. The new facility is scheduled to be put in operation in 2018.
The company has already had a production facility on the territory of Kontaktor plant, purchased in 2007, as well as a manufacture in Zavolzhie industrial park.