The Government of Tatarstan and the Spanish Gestamp Automocion agreed on construction of a plant for automotive suppliers. The volume of investments into the company may reach 30-50 million. EUR. The memorandum was signed in the framework of the meeting of Russian President Dmitry Medvedev and the Prime Minister of Spain Jose Luis Rodriguez Zapatero during the international economic forum in St. Petersburg. Gestamp Automocion Corporation specializes in the design and manufacture of car bodies, chassis, bumpers and other car components. With the 2009 year St. Petersburg plant Gestamp (Gestamp Severstal Vvsevoložsk ") produces automotive components to Ford Focus, and in 2010-m Severstal and Gestamp launched under Kaluga forging production for Volkswagen, Peugeot, Citroen, Renault. Gestamp Vice President Francisco Lopes announced that the decision to build the plant in Tatarstan will be taken within two years. Investments in the project could reach 30-50 million euros. In addition, during the Economic Forum Gestamp has signed an agreement with the Government of the Leningrad region on the granting of plant "Severstal Gestamp Vsevolozhsk" preferential tax treatment for 9 years. According to Francisco López, "project in the Leningrad region is a long-term project, we cooperate with a company Ford, are starting to cooperate with Nissan, GM, in the future will cooperate with Hyundai. Investment in production in 2011-2012 biennium. will amount to 10 million euros. It is expected that the company will be releasing in Tatarstan skeletons of trucks and chassis for joint production of Sollers and Ford, informs the Agency "Prime". The head of the Agency for investment development of the Republic of Tatarstan Linar Yakupov said that production will be in the territory of the special economic zone (SEZ) "alabuga", where the authorities in the region to actively attract foreign companies. "We now have 15 residents, and within two years, we expect to bring their numbers to a minimum of 25, increasing private investment up to 100 billion rubles," Yakupov said.