# Mercury leads creation of industrial textile cluster in Ivanovo, Russia

Five Ivanovo textile companies, led by Mercury, formed the region's first industrial cluster for membrane textile production. Mercury plans to invest up to 1 billion rubles in 2024 to build a production and warehouse complex for membrane fabrics and related materials.

- Type: New facility
- Announced: 2023-12-19
- Where: Ivanovo, Ivanovo Oblast, Russia
- Starts operating: 2024
- Status: announced
- Products: membrane textiles, knitted synthetic fabric
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Mercury Group](https://endata.com/companies/15960.md)
- [Fotoprint](https://endata.com/companies/74516.md) (partner)

## Sources

- [rg.ru](https://rg.ru/2023/12/19/reg-cfo/spleli-cepochku.html), 2023-12-19: "В ближайшее время планируем инвестировать до миллиарда рублей - в строительство, закупку оборудования, сырья и НИОКР."

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