# ORAS-Aluminium Profile to build $430M aluminium profile plant in Adygea, Russia

ORAS-Aluminium Profile signed an investment agreement with the Republic of Adygea to build an aluminium profile plant in Teuchezh Industrial Park. The project involves an investment of about 3 billion rubles and will create 300 jobs.

- Type: New facility
- Announced: 2019-02-14
- Where: Teuchezh Industrial Park, Adygea, Russia
- Value: $46.0M (3.00B RUB)
- Jobs: 300
- Starts operating: 2020
- Status: announced
- Capacity: 180 tonnes per day
- Products: aluminium window profiles, door profiles, facade profiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [ORAS-Aluminium Profile](https://endata.com/companies/37313.md)

## Sources

- [adigea.aif.ru](https://adigea.aif.ru/politic/details/podpisano_investsoglashenie_o_stroitelstve_zavoda_po_proizvodstvu_profilya), 2019-02-14: "Инвестор намерен вложить в реализацию проекта около 3 млрд. рублей, а также создать 300 рабочих мест."
- [yuga.ru](https://www.yuga.ru/news/439714/), 2019-02-15: "Компания «ОРАС-Алюминиевый профиль» 14 февраля на Российском инвестфоруме в Сочи подписала соглашение о строительстве завода по производству профиля из алюминия в Адыгее"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.