Working meeting with Governor of Ryazan Region Oleg Kovalev

Working meeting between Governor of Ryazan Region Oleg Kovalev and the President Vladimir Putin was held on August 1, 2016. Mr. Kovalev informed the President about the socioeconomic situation in the region, results in agriculture and industry.

Mr. Kovalev spoke about realization of a number of investment projects in import substitution areas. Russia has imported high-strength fasteners and cold-drawn steel from abroad. One of the import-substituting enterprises is the high-strength fastener plant BERVEL. The first stage of plant construction has already been finished, now there is the second stage. The result is that we reduce import of these products. Cold-drawn steel and high-strength fasteners are applied in machine industry, bridge and road building, tunneling, railway construction, etc.