«Caspian sheet glass plant» was transformed into «Salavatsteklo Caspian»

On June 3, 2021, within the framework of the XXIV St. Petersburg International Economic Forum, the Acting Head of Dagestan Sergei Melikov met with the Chairman of the Board of Directors of JSC Salavatsteklo Radik Sultanov.

JSC "Salavatsteklo" produces flat glass, the sales volume of which reaches 80%. The company currently operates in more than 20 countries around the world and employs over 1,500 employees. The products are internationally recognized.

The meeting between Sergei Melikov and Radik Sultanov is not accidental. The fact is that in April of this year, his organization acquired at an auction the property complex of the Caspian Sheet Glass Plant JSC. The auction took place as part of the enterprise bankruptcy procedure. At present, a new enterprise, Salavatsteklo Caspiy LLC, has been established. According to the head of Salavatsteklo Caspian, it is planned to expand the range of currently manufactured products and launch by 2023 a line for applying various coatings to flat glass.

Sultanov said that for the successful development of the enterprise, logistics, convenient location, and transport accessibility are needed. He said that the new company has already produced products worth 472 million rubles in a short time. “The directions of work have now been determined. We are working out all technological processes in order to come to our standards. An engineering group is working. During the year we will debug and refine the strategy of this company. We already have an understanding of what needs to be done, ”he added. The company also showed interest in organizing the production of raw materials (quartz sand) using the available local reserves of sand in the republic.

Sergei Melikov said that the republic's leadership is interested in the functioning of large enterprises on the territory of Dagestan.

Source: https://chernovik.net/