Stamping production launched at SEZ “Alabuga”

On August 29, Tatarstan President Rustam Minnikhanov, Tatarstan Minister of Industry and Trade Ravil Zaripov, Head of Elabuga region Gennady Emelyanov, and Mayor of Naberezhnye Chelny Vasil Shaikhraziev took part in solemn launching of new stamping production “Coşkunöz” at the Special Economic Zone “Alabuga” (SEZ “Alabuga”).

Big and small metal auto body parts for Ford Sollers plant that is located nearby will be produced at the plant. The agreement about launching the production was signed in October 2012 in Bursa. It was noted that the sum of investments made 70 million dollars, and 40, 000 tonnes of steel will be processed at the plant.

Speaking at the opening ceremony, Rustam Minnikhanov said that he took part in inauguration of new President of the Republic of Turkey Recep Tayyip Erdogan on August 28.

Rustam Minnikhanov noted that the automotive cluster is being formed at SEZ “Alabuga”, with Ford Sollers being the main enterprise.

Tatarstan President thanked Coşkunöz company for credence given to the republic. He also expressed his gratitude to the leadership of Turkey saying that the visits of Abdullah Gul and Recep Tayyip Erdogan gave a start to real efficient cooperation.

Rustam Minnikhanov also noted that Turkish investors are going to open five more large plants in Tatarstan in the nearest six months.

Also, the President thanked Consul General of the Republic of Turkey in Kazan Sabri Tunc Angili, who is finishing his work in Tatarstan.

Summing up, Tatarstan President expressed his hope that new manufacturers of automotive components will start working at SEZ “Alabuga” soon.

Ford Sollers Director General Ted Cannis, in his turn, said it is a very important event for the company.