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- Polymatiz launched the production of 2.4 million medical masks 27.04.2020
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- The Supervisory Board of the SEZ "Alabuga" approved new projects 27.12.2019
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- The Supervisory Board of the SEZ “Alabuga” approved new projects for 16.37 billion rubles 17.07.2019
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- The Ministry of Economic Development of the Russian Federation: SEZ “Alabuga” is 100% effective 04.07.2019
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- Alabuga signed a cooperation agreement with NEO Center at SPIEF 07.06.2019
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- Rustam Minnikhanov: Tatarstan and Turkey have enough opportunities to develop business ties 16.05.2019
- Tatarstan is media leader of import substitution in April 14.05.2019
- “Alabuga” is the best site for investment among all SEZ and ADT in Russia 26.04.2019
- The semifinal of the "Manage!" cup for the best students of the Volga region took place in “Alabuga” 19.04.2019
- The President of the Russian Federation appreciated “Alabuga’s” contribution to the development of Russian-Turkish relations 08.04.2019
- In general, I am satisfied with the trip. Didn’t believe it until passed myself 22.03.2019
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- Timur Shagivaleev Announces Alabuga SEZ's plans for 2019 during TIDA's Final Panel 18.01.2019
- Alabuga SEZ Attracts RUB 13.9 bln in Investments in 2018 28.12.2018
- Business Delegation from Poland Visited Alabuga 26.11.2018
German KNAUF purchases Armstrong plant located in SEZ “Alabuga”
KNAUF, producer of building materials, announced a purchase of Armstrong assets including the plant of ceiling plates that is operating in the SEZ “Alabuga”. This deal enables the company to rebrand and establish a large-scale international business.
Armstrong sells its divisions in Europe, Middle East and Pacific region in order to concentrate on development in the USA – its main market. The cost of deal is 330m USD.
The head of the KNAUF Group CIS Janis Kraulis told about the deal during the meeting with President of the Republic of Tatarstan Rustam Minnikhanov. The company also buys the title “Armstrong”.
“Armstrong” plant has been operating in the SEZ “Alabuga” from 2015. Investment volume is 3,6b RUR. Production capacity is 20 million m2 of ceiling plates a year.
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