Nexans opens its first production plant in Russia

The new plant will be in operation in 2006 to produce power and telecommunictions cables

Located in Uglich in the Yaroslavl region, 200 km away from Moscow, Nexans' first Russian plant will employ about 200 people. With a covered surface of approximately  12 000 sq.m, the facility will be dedicated to the manufacture of power and telecommunications cables.

This first Russian plant, which is expected to be in operation as from end of 2006, represents an upfront investment of about 20 million euros for Nexans. It will allow Nexans to increase its sales significantly on the Russian territory.

"With an annual growth rate in excess of 7 percent, the Russian cable market is rapidly expanding, as demonstrated by major infrastructure projects for both power and telecommunications networks, industrial facility upgrade programmes and the building market growth. Today, with this new plant, we have made the resolute choice to get closer to our customers and to offer them high value-added products and custom services," said Bruno Thomas, Executive Vice President, Rest of the World Area, for Nexans.

Nexans in Russia
Nexans, which has been operating on the Russian market for more than a decade, has been involved in large-scale local projects. For instance, during the last few years, Nexans cables have been installed at the Zhiguli hydropower, on the offshore oil platform of Prirazlomnoe, at the Baikonur space launch pad and even on the Kremlin roof (heating cables).

Facing many local cable manufacturers, Nexans has chosen to focus on infrastructure cables, such as High and Medium Voltage cables for power utilities, special cables for the fast-developing Russian oil and gas industry, telecoms cables for LANs, and fibre-optic cables.

In 2004, Nexans generated sales of 25 millions euros in Russia.

 

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Über Nexans

Nexans ist weltweit führender Hersteller der Kabelindustrie. Der Konzern bietet ein umfassendes Produktportfolio modernster Kupfer- und LWL-Kabel für die Märkte der Bereiche Infrastruktur, Industrie und Bauwesen. Kabel- und Systemlösungen von Nexans kommen in allen Bereichen des Lebens zum Einsatz: Telekommunikations- , Daten- und Energiekabelnetze in der Luft- und Raumfahrttechnik, Automobiltechnik, Bahntechnik, Gebäudetechnik sowie Anwendungen der petrochemischen Industrie und der Medizintechnik. Mit Herstellungsbetrieben in 29 Ländern und Büros und Vertretungen in 65 Ländern erwirtschaftete Nexans mit 20.000 Mitarbeitern im Jahr 2004 Umsätze in Höhe von 4,9 Mrd. EURO. Nexans ist ein an der Pariser Börse notiertes Unternehmen