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Procter & Gamble investing RUB 5 billion in Tula Region

27 May 2017

Procter & Gamble is investing RUB 5 billion to expand its production in the Tula Region city of Novomoskovsk.

“The investment agreement aims to expand the company’s production in the Tula Region. This includes opening a line to manufacture cleaning products, building high-tech treatment plants, and modernizing production and factory infrastructure”, the Tula government’s press service said.

Tula Region Governor Alexey Dyumin noted that Procter & Gamble has been a reliable partner to the region for 24 years. He added that a presentation was held in March about the investment potential of the Tula Region for members of the foreign investment advisory council, which includes the company, and now a new investment agreement has been signed to expand the company’s production in the region.
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