8 September 2017
A Russian-French enterprise for cable cars production to be established in the Northern Caucasus

A Russian-French enterprise for cable cars production to be established in the Northern Caucasus
Joint-Stock Company Northern Caucasus Resorts and Joint-Stock Company Northern Caucasus Development Corporation (NCDC) and POMA under direct supervision of the Ministry of the Northern Caucasus Affairs of the Russian Federation will explore the possibility of creating a joint venture to design, build and manufacture ropeways for ski resorts.
The decision to launch the project was made at the working meeting between Odes Baysultanov, First Deputy Minister of the Russian Federation for Northern Caucasus Affairs; Rustam Tapaev, First Advisor to the Director General of Joint-Stock Company Northern Caucasus Resorts, with Anton Chudaev, Director General of POMA LLC (branch of French manufacturer of ski equipment).
‘Regions of the Northern Caucasus, where the tourist cluster projects are being implemented need enterprises for the production of equipment and components for the ski infrastructure, first of all, ropeways. The joint venture will localize production in the Northern Caucasus Federal District, create additional jobs and reduce cost of projects,’ Odes Baysultanov said.
POMA will provide technical and economic innovations for the joint venture. According to Anton Chudaev, the project will support the development of ropeway production, and prepare highly qualified personnel in Russia.
‘Projects being implemented by Northern Caucasus Resorts are expected to play a significant role in the development of the tourist attractiveness of ski resorts in the Northern Caucasus, creation of conditions for a strong and sustainable economic growth, and also competitive economy of the region. I am sure that a joint venture will accelerate these processes,’ Odes Baysultanov, First Deputy Minister of the Russian Federation for Northern Caucasus Affairs, stressed.
Rustam Tapaev, First Advisor to the Director General of JSC NCR, noted that the company has long been negotiating with leading French manufacturers of ropeway equipment.
Willingness to establish a joint company corresponds to the previous agreement signed by JSC NCR and POMA in 2014 at the St. Petersburg International Economic Forum. Due to changes in the economic situation in the country, the project was suspended.
‘Now, with the support of the Ministry of the Northern Caucasus Affairs of the Russian Federation, we return to this promising idea which is logically linked with the instruction of the Russian Government to sectoral federal agencies to develop the concept of ski industry development, paying special attention to the issue of import substitution of equipment for ski resorts,’ he noted.