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Start of cooperation with the Oryol region

20. 12. 2016

A business conference and meeting of Slovenian and Russian business councils took place in the town of Oryol in the Russian Federation on 15 December, presided over by Janez Škrabec, Director of RIKO, on the Slovenian side, and Eduard Vaino, Vice President of the AVTOVAZ corporation, on the Russian side. The meeting, which was held under the auspices of the Governor of the Oryol region, Vadim Potomski, represents the launch of economic cooperation between the Oryol region and Slovenia

The Oryol region has approximately 750 thousand inhabitants with the capital city of Oryol located 380 km southwest of Moscow. The production of machinery, equipment for signalling and foundry products for the Russian railways, stand out among the industrial sectors in the region. The strongest industry is the production of food, especially sugar, cereals, dairy products and meat.

On the sidelines of the meeting, RIKO signed an agreement with the government of the Oryol region that the two would cooperate in the organization of processing, food and light industry companies within the Oryol region, specifically by constructing a factory for the deep processing of wheat grain, a meat-processing plant, shoe production and a leather processing plant.