MTE KOVOSVIT MAC - a modern Russian-Czech joint venture of the MTE Group and KOVOSVIT MAS for the production of high-precision metalworking equipment.
In November 2013, MTE KOVOSVIT MAC opened an assembly plant in the city of Azov, Rostov region on an area of 33.6 thousand sq.m. with a localization level of 40%.
Vnesheconombank, as a development institution, supported the newly opened enterprise The support will result in achieving a localization level of 95%.
In order to minimize risks (in the interests of Vnesheconombank) Industrial Information Agency in December 2013 - January 2014 conducted a study of the metalworking equipment market, which confirmed the validity of the plans announced by MTE KOVOSVIT MAC.
In May 2014, as part of the St. Petersburg International Economic Forum Vnesheconombank, the Government of the Rostov Region, MTE Group LLC; and the company "KOVOSVIT MAS, a.s." signed a cooperation agreement.