the territorial subject of the Russian Federation, is a part of the Volga Federal District and the Volga economic region.
The Samara Region takes the third place in terms of industrial production per capita among the regions of the Volga Federal District with an average annual growth rate of GRP per capita of 16.25%.
The introduction of advanced IT technologies in medicine, industry, social sphere
On July 31, 2013, the German company Robert Bosch GmbH, a manufacturer of cutting-edge high-tech products signed an investment memorandum with the Government of The Samara Region, on the launch of production of auto parts in the region: steering racks for cars and stability control systems ABS and ESP.
Starting from 2013, “SC “Electroshield” – TM Samara” CJSC has been a part of one of the largest multinational corporations Schneider Electric - a global leader in the power and automation management. Schneider Electriс operates successfully in more than 100 countries around the world. The company offers integrated energy efficient solutions for energy and infrastructure, industrial enterprises, civil and residential construction facilities, as well as data centers.
A branch of the world’s leading provider of technologies and components for powertrains in the automotive industry, Federal-MogulPowertrain was founded in 2006 in the Samara Region (Togliatti). The main products of the company are pistons, piston rings and cylinder liners, bearings, gaskets, valves, plugs and valve seats, spark plugs, engine room elements protection. Federal-MogulPowertrain employs more than 37,000 employees worldwide. The company has 90 production sites and 14 technical research and development centers located in 20 countries.
In 1995, Nestlé company, the world’s largest producer of food and beverages, an expert in nutrition and healthy lifestyle, became the majority shareholder in “Confectionery Association “Russia” OJSC. In June 2011, “Confectionery Association “Russia” LLC joined Nestle Russia LLC as a production branch.