«Rostec» and «Stan» will create near Tver JV for machining of parts

© RIA Novosti / Ruslan to Krivobokova in photobackpack Lenin in front of the city administration of Tver. Archival photo«Rostec» and «Stan» will create near Tver JV for machining of parts© RIA Novosti / Ruslan to Krivobokova the image Bank

«Rostec» and the group «the Mill» will create a joint venture in Kimry, Tver region, which will specialize in machining parts, the report said Rostec.

«Production capacity will be located on part of «Rostec» Savelovsky engineering plant. «Stan» will provide high tech equipment and will involve the implementation of additional project personnel. The terms of the joint venture and other essential parameters will be determined during evaluation of assets and structuring transactions», — stated in the message.

As noted by the head of Rostec Sergey Chemezov, whose words the press service, the creation of projects using the PPP mechanism is part of a strategy of «Rostec». «Cooperation with the group «Stan» is another example of an effective public-private partnerships: we are involved in the project have the private key of the player with the technological competencies and relevant experience. The planned JV will allow to load free capacities and to create a platform to provide enterprises of Rostec and other defense companies in the high-tech Russian products,» he said.

«Objectives for the medium term is to modernize the existing production capacity by replacing conventional machines for machining centers, to implement computer control and robotics to optimize labor costs, introduction of Industry 4.0, which will allow you to consolidate all equipment into a single network and to automate decision-making. The modernization of joint production facilities will significantly expand the current cooperation with the enterprises of Rostec and other industrial companies», — said the President of «the Mill» Sergey Nedoroslev.

«The company «rostec» a very serious approach to the development of the Savyolovsky machine-building plant. A year ago the lack of large orders put into question the further destiny of the enterprise. Today we see that the decision on creation of the Savyolovsky machine building plant allowed to save jobs, provide a stable load, and prospects of development of production», — said the Governor of the Tver region Igor Rudenya at the meeting on the machine tool industry and import substitution in the industry, which was held after the inspection of the plant.