Hawle, the Austrian company which is producing high- technology shutoff valves, is set to expand operations in Russia at the company’s production site in Lipetsk Region in Russia. Hawle has been operating in the region since 2011.
The agreement of cooperation and interaction which was signed between the administration of the Lipetsk Region and Hawle was singed during the visit of Russian President Vladimir Putin to Austria.
According to a statement from a source during this visit:
“The subject matter of the agreement is organization of interaction between the parties in the sphere of joint implementation of the corporate production site expansion in the Lipetsk Region.”
Austria president also reiterated the mutual cooperation by stating that he found a common ground with Russian president.
Founded in 1948, E. Hawle Armaturenwerke is an Austria based company that is involved in the valves and pipe fittings manufacturing business. Hawle has remained a family owned business ever since it was founded in 1948.