The company "New Dynamics" (Rostselmash Group) will expand the production of gearboxes, axles and axle sets at the plant in Rostov-on-Don. A special investment contract (SPIC 1.0) was signed by the government of the Rostov region and the Ministry of Industry and Trade of the Russian Federation, the press service of the department reported.
Key components will be installed on tractors, combines and road construction equipment.
The implementation of the project will ensure the deepening of the localization of transmission elements to a level of more than 80%.
Deputy Head of the Ministry of Industry and Trade of the Russian Federation Albert Karimov stated that the plant will help "close the need" of domestic machine builders.
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