Progression Engineering (S) Pte

Progression Engineering (S) Pte Ltd is the Singapore company created at the initiative of the Russian-Singapore Business Council with assistance of Russian Technologies State Corporation. On its base the Center of foreign promotion of the Russian hi-tech companies and submission of investment projects is created. The main objective of the company – development of the international production and innovation integration as for business development in Singapore and Russia, and for an exit with joint solutions to the markets of other countries. The company is integrated into infrastructure of the Singapore business. It is a member the leading Singapore business associations, such as Singapore federation of business, the Singapore federation of producers and the Singapore international chamber of commerce that allows to involve instruments of the state support from the Government of Singapore and also expands partner networks in a business community of Singapore and the countries of Southeast Asia for which Singapore acts as the technology, financial and logistic center. From the Russian side as the key partner the RSDS Trading house and also Russian Technologies State Corporation and the export center^[1] acts].

History

2019: The agreement with "Schwabe" for creation of distribution network in 11 countries of Southeast Asia

On October 23, 2019 Rostec reported that Schwabe holding and Ltd Progression Engineering Pte (S) company. signed the agreement of intent aimed at promotion of the Russian hi-tech products in the markets of the countries of Southeast Asia. Cooperation provides creation of official distribution network in 11 countries. Read more here.

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