Tatarstan Investment Development Agency meets with Metalsa in Monterrey

Representatives of Tatarstan Investment Development Agency are on a working visit in the Monterrey city, Nuevo Leon, Mexico.

On the first day of the visit was a meeting of Tatarstan Investment Development Agency with the Metalsa Company. The meeting was attended by Metalsa CEO Leopoldo Cedillo, President of "commercial transport" direction Angel Loredo and Vice President of Development Perikls Aretos.

During the meeting, representatives of the Tatarstan Investment Development Agency acquainted with the possibilities of Metalsa and visited the production platforms of the company. Metalsa’s leadership noted that the company is interested in deploying their production in Russia, whose market is a priority for the company. Tatarstan is an attractive region for entering Russian market. Sides discussed the location of automotive components’ production in the republic.

On the same day TIDA Chief Executive met with Mr. Rolando Zubiran - a representative of Nuevo Leon Government, who is oversees foreign investment and international trade direction. At the meeting, the sides discussed issues of cooperation in attracting Mexican companies in the automotive industry of the Republic of Tatarstan.

About Metalsa (Mexico)

Metalsa (Mexico) - one of the largest global suppliers of the automotive industry components. Company includes a wide range of production: stamping, automatic and laser drilling, plasma or mechanical cutting and after-sales service, design, prototyping, testing and analysis.

Metalsa is part of Proeza (Groupo Proeza), together with the companies like Citrofruit (production of natural juices) and Zanitas (medical products). The city of Monterrey, where the headquarters of Metalsa located, also known as «Sultana del Norte» (Sultan of the North), is the capital of the northeastern Mexican state - Nuevo Leon, and business center of Mexico.

The revenue of the Metalsa in 2012 amounted to U.S. $ 1.8 billion, expected revenue in 2013 - U.S. $ 2.3 billion. Manufacturing facilities and dealerships of the company located in Argentina, Mexico, Brazil, USA, Germany, South Africa, Turkey, China, Thailand, India, Australia. Number of employees are 13,000. The main consumers are Toyota, Ford, Volkswagen, Fiat, Daimler, Nissan, BMW, GM, Volvo.

Tatarstan Investment Development Agency Press Service