The Government of the Nizhny Novgorod region and the machine tool holding of Rostec State Corporation "Mechanics" have signed an agreement on industrial partnership in the development of the industrial potential of the region. The document is aimed at the development of metalworking centers for the enterprises of the machine-building complex of the region, as well as the testing of new technologies in machine tool construction. This is reported by Rostec.
As part of the agreement, the holding "Mechanics" will participate in the implementation of projects for the technological re-equipment of industrial enterprises of the Nizhny Novgorod region, the development of new metalworking centers, as well as in the creation of partner programs to solve problems in the field of import substitution. In addition, "Mechanics" will develop high-tech civilian products and conduct comprehensive research and development work. Their launch will allow building new ties between the country's industrial enterprises, creating additional jobs.
In addition, the agreement provides assistance in the development, modernization and experimental testing of advanced engineering technologies in the Nizhny Novgorod region.
Rostec State Corporation is the largest industrial company in Russia. In 2022, it celebrates 15 years since its foundation. It unites about 700 scientific and industrial organizations in 60 regions of the country. The key areas of activity are aircraft engineering, radio electronics, medical technologies, innovative materials. The corporation's products are supplied to more than 100 countries around the world. Almost a third of the company's revenue is provided by the export of high-tech products.