The resumption of construction of the plant of the Belgian company "Draylok Technologies" - a positive signal for investors

This was stated by Acting President of the Republic of Tatarstan Rustam Minnikhanov during the ceremony of "restart" of the construction of Drylock Technologies plant in the SEZ "Alabuga".
"Together we will not only build the plant, but also to promote this product in the market, which will be produced in our country. Therefore, we thank our partners for the resumption of the construction", - said Rustam Minnikhanov.
In turn, President of Drylock Technologies Bart Van Mulder said: "I am delighted to be back here, glad to resume the construction of our plant. Our goal – is to organize the world-class production here. We focus on working with Tatarstan, on the production of qualitative products".
On the economic performance of the project has told the TIDA Chief Executive Taliya Minullina: "Investment in the project will amount to about 40 million euros, the payback period - from 7 to 10 years, will be created about 350 jobs. More than 140 million pieces of products per month will be produced on 14 production lines".
Taliya Minullina also emphasized that this is a project of import substitution, which is aimed at both the sale of products in the Russian Federation and an export to foreign countries.
The plant will produce hygiene products: absorbent underwear, diapers and special facilities for people with urological diseases.
As part of the event also held a meeting of company’s management with potential suppliers of raw materials for the new plant.
 
For reference.
The Belgian company "Draylok Technologies" – is one of the leading manufacturers of hygiene products in Europe. The company is been working since 1979.
The subsidiary was granted the status of a resident of the SEZ "Alabuga" in March 2013. From III quarter of 2013 till the III quarter of 2014 were carried out to preparations of the land, was completed foundation work, but later construction of the facility has been suspended - as stated, due to difficulties with financing.
Construction resumed on 27 August 2015.
 
TIDA Press Service, also materials of the SEZ "Alabuga" Press Service were used