Voronezh Glass and Stone will invest 1.3 billion rubles in expanding production

Voronezh LLC "Glass and Stone" ("STIC") plans to launch the production of "multilayer insulating products made of sheet glass with import-substituting potential." This was reported by the government of the Voronezh region. The volume of investments is 1.27 billion rubles, of which 930 million rubles. I am ready to provide a concessional loan from the Federal Industrial Development Fund.

The goal of the project is to introduce into production “competitive and high-tech civilian products with import-substituting potential and increase the company’s market share in the Central Federal District to 15% by 2027–2028,” the report says. The capacity of the project is not disclosed.

According to Rusprofile, STIC LLC was registered in the Voronezh region in 2016. The company specializes in the production of sheet glass and products made from it. According to its own data, the company’s products are used in construction - for windows, doors, facades of interior partitions, including the use of tempered glass, triplexes and stemalites. Authorized capital - 60 thousand rubles. Director - Alexey Fedotov. Revenue in 2021 amounted to 861 million rubles, net profit - 810 thousand rubles.

In 2021, STIC LLC launched a workshop for forming and processing glass near Voronezh (next to the Maslovsky industrial park) for 250 million rubles. The second hardening furnace and other auxiliary equipment were put into operation. In 2022, the company planned to increase production volumes to 100 thousand square meters. m per month.

Source: https://www.kommersant.ru/