The cooperation of the Government of the Jaroslav region and the S8 Capital Holding was discussed at the PIPEF-2024

At the site of the Petersburg International Economic Forum, the Governor of the Yaroslava Region, Mihail Evreev, met with the leadership of the Holding S8 Capital. The Parties discussed the prospects for the development of the Jaroslav tyre factory, which is part of the " Coordinate " tyre cluster.

- The NHS is one of the largest industries in Yaroslava and the region and is currently implementing a number of major investment projects. It is important that all the joint plans be implemented, that Michael Evereev noted. - We will continue our cooperation with S8 Capital and support for successful production projects.

The Cordinary Claster is part of the S8 Capital Holding and brings together businesses in Yaroslav and Omske, NTV Intyre, Technotyre Renovation Centre, as well as plants purchased from foreign owners Continental (now Gislaved) and Bridgestone. Total production capacity - 15 million tyres per year.

Three new investment projects are currently being implemented at the Jaroslava tyre plant: the expansion of the production of whole-neutral tyres, the modernization of light tyres and the construction of an energy cell. In the first phase, new equipment is installed in production units Nos. 3 and 5.

The enterprise receives tax benefits under the existing investment legislation of the region. It is also planned to reimburse the cost of communal and energy infrastructure.

Projects will increase the volume and quality of imports. All planned should be completed before 2027.

During a meeting with S8 Capital, other areas of possible cooperation were discussed. Holding combines assets in different sectors of the economy, from production to copper, electronic commerce and analytical services.

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