VISIT OF V. PUTIN IN VOLOGDA

07 march
2013

Before the conference, the President visited Vologda Textile company and the exhibition of light industry where the products of DARGEZ Trade House were displayed.

An extract from the conference dedicated to the situation in light industry and procurement of raw materials in Vologda.

One of the participants of the conference was the President of DARGEZ Trading House, President of the Russian Union of Entrepreneurs of Textile and Light Industry Andrey Valentinovich Razbrodin.

V. PUTIN: Today we are in Vologda, one of the traditional centres of national light industry, to discuss the topical problems of this sector. The Russian light industry needs boost in development, profound updating of assets and sufficient increase in production rate.

D. MANTUROV: Despite difficult macroeconomic conditions and poorly developed infrastructure, some segments of this industry are already attractive for serious investors. Today you have visited some of these companies, including those represented at the exhibition, such as Parizhskaya Kommuna, Russian Leather, Dargez, Donetsk Manufacture, who are currently actively raising funds and developing. It means that contrary to common belief, light industry is highly cost effective.

EXTRACT FROM THE MEETING OF V.V. PUTIN WITH THE MINISTER OF INDUSTRY AND TRADE DENIS MANTUROV.

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