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Novomet » Newsroom » News
February 28, 2018

Novomet rewarded for contribution to economic and social development of Russian Federation

During the Russian Investment Forum held on February 15, 2018, Vnesheconombank announced the “Development Award – 2018” for the best innovative project of the contest. The award was presented by Dmitrii Medvedev, Chairman of the Russian Federation Government, and Sergey Gorkov, Head of Vnesheconombank.

JSC Novomet – Perm won the nomination for “Best Export Project,” for the “Supply of Russian high-tech equipment for oil production in United Arab Emirates” project.

There will be an opportunity to provide full service equipment (Russian–made electric centrifugal pumps) and oil production, which can expand the structure of Russian non-energy export in the Middle East region.

This development award is given as part of the national annual contest established by Vnesheconombank in 2012 to stimulate investment activities and the formation of a favorable investment climate in Russia. The strategic aim of the contest is to achieve complex modernization, renovation of the domestic economy, and stable economic and social development.

Implementation of the project significantly enhances the company’s reputation in the Middle East region due to higher quality oil production and equipment services for foreign customers.

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