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On March 11, 2020, French company MONIN joined the list of residents of SEZ Stupino Quadrat.

On March 11, 2020, French company MONIN joined the list of residents of SEZ Stupino Quadrat.

The expert Council of the Moscow region SEZ approved the conclusion of an investment agreement with MONIN RUS LLC (a subsidiary of Georges Monin S. A. S.) for the construction of a plant for the production of syrups and fruit/berry fillers.

«The MONIN group of companies is a family-owned French company with a long history and a brand that is recognized all over the world. Now there are factories in France, the United States and Asia. In the nearest future, we are going to launch production in Russia and India. The Russian plant with a capacity of about 8 million bottles of natural syrups per year will allow the company, which has been present on the Russian market as a supplier for about 17 years, to strengthen its position and outline new development plans, including exports to the CIS countries» – said at the Expert Council Yulia Balashova, Financial Director of MONEN RUS LLC.

"Direct foreign investment by MONEN RUS LLC in the amount of 1.3 billion rubles will create a modern production facility with 54 jobs on the territory of SEZ Stupino Quadrat. We are very happy that our colleagues will get the status of a SEZ resident and will be able to take all the indisputable advantages of localization in SEZ Stupino Quadrat. The management company will continue to provide all the necessary support for the successful implementation of the project in the planned period" - commented Alexey Kuzovlev, CEO of SEZ Stupino Quadrat managing company.