On May 14, RMA Pipeline Equipment Company (Germany) launched its manufacturing plant at SEZ “Alabuga”. Tatarstan President Rustam Minnikhanov, Director General of OAO “Special Economic Zones” Vadim Tretyakov, owner of RMA Company Andreas Truttenbah and company founder Siegfried Truttenbah attended an opening ceremony.

The new plant will manufacture ball valves for cross-country pipelines. The expected output of not less than 11,000 pieces per year makes it the largest plant of RMA Group. With the announced investment in the project making 1.7 billion roubles, the company will create 645 jobs.

In his welcome speech, Rustam Minnikhanov called the new plant the most advanced enterprise and noted that RMA Group chose Tatarstan to launch its first plant outside the European Union.

“Our task is to establish such high technology enterprises that solve the problem of import substitution and create high technology jobs,” Rustam Minnikhanov stressed.

He thanked the leadership of "Special Economic Zones", investors and builders for successful implementation of the project. Rustam Minnikhanov is sure that high-quality and high-tech products of the plant will be in demand.

The owner of RMA Company Andreas Truttenbah said that a number of places had been considered to implement the project, but SEZ "Alabuga" offered the most favorable conditions. A.Truttenbah thanked Tatarstan leadership and personally Rustam Minnikhanov for assisting in the establishment of the enterprise.

At the end of the ceremony, the distinguished guests turned a symbolic ball valve to mark the opening of the company.