Schneider Electric and RDIF to invest $47M in Electroshield Samara

The Russian Direct Investment Fund (RDIF) and Schneider Electric have agreed to establish a joint venture to invest at least $47 million in Russian electrical equipment manufacturer Electroshield Samara. The investment will fund modernization and new equipment development.

“RDIF and Schneider Electric have decided to invest no less than $47 M (RUB3 B) in the development of the company.”transformer-magazine.com

• 1 source
• transformer-magazine.comSchneider Electric and RDIF to invest in Electroshield Samara – Transformer MagazineMirna Maric CindricOct 24, 2019

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