Naberezhnye Chelny, Tatarstan - Haier's 250,000 unit/year refrigerator plant at Kama Industrial Park in Russia's Tatarstan is scheduled to open in April 2016. The company plans to pump over $50m into the project, according to local reports.
The new plant is expected to have $128m annual sales and create 500 jobs. Its capacity will amount to 500,000 unit/year in a second-phase project, said local reports.
Refrigerators produced here will sell to Russia and countries of the Customs Union, and percentage of components supplied by local manufacturers will increase from 40% in the beginning to 60-70% in the second phase, according to the website of Tatarstan Investment Development Agency.