French Massilly Group will develop Linar plant in Nevinnomyssk, create a logistics centre and expand the market. According to the press office of the Ministry of Energy, Industry and Communications of Stavropol Territory, Massilly Group CEO Stéphane Lequin and Regional Business Manager for Central & Eastern Europe Martin Dvornak announced these plans as they visited the only company’s plant in Russia.
“We believe in the Russian market, we have a good team here in Nevinnomyssk and we will develop our production here”, said Lequin. He also mentioned that the company’s policy provides for investment of at least 7% of profit in development projects. It was due to this that in 2016 Linar got its high-speed twist-off cap line and investments continue to flow into the plant.