Samsung Electronics announced the opening of a factory in Russia
September 5, 2008, 6:04 pm
Today it became known that Samsung Electronics Company completed the first phase of construction enterprises in the territory of its own industrial park in Vorsino Borovskom area Kaluga region. Just one year after laying the first stone first phase of the plant, which would produce plasma and LCD TVs, put into operation. As befits such cases, businesses opening ceremony was held in a solemn setting. It was attended by:Vice-President and CEO Samsung Electronics Mr Yuen Woo Lee, president of the headquarters of Samsung Electronics CIS and Baltic Don Joo Lee and Kaluga region governor Anatoly Artamonov, as well as deputy chairman of the Federation Council Alexander Torshin, Director Department of Foreign Economic Relations MEDT Elena Danilova of Russia and Ambassador of the Republic of Korea Lee Hyun Gyu. Representatives of Samsung Electronics announced that the first priority will be working in test mode until the end of the year, and in 2009, the plant will be shipped 1, 5 million units of televisions. At the level of maximum production capacity (about 2, 8 million units per year) plant is expected by 2011. As planned earlier, the main products will be LCD TVs, which will be sold in Russia, as well as exported to Ukraine and Kazakhstan. Over time, the factory will manufacture and other household appliances. The total investment in the creation of the new complex will reach 3, 5 billion rubles. Number of employees at the plant workers and staff of 1200 people, and upon reaching the design capacity, the plant will be employed 2660 people, including 50 foreign specialists. Opening a factory just one year after laying the first stone, confirms the high level of professionalism of all who participated in the project. Moreover, such large-scale construction it would be impossible to implement without the close and fruitful cooperation with the administration of the Kaluga region. This plant will allow us to bring our share of televisions Samsung, sold in Russia, up to 25-30% and take a leading position not only in this segment, but also in the market of consumer electronics in general - President headquarters of Samsung Electronics and CIS Baltic Don Li Ju. Recall that earlier this year the company Hon Hai Precision Industry, better known through its brand Foxconn, announced its plans to invest 32, 2 million euros in the construction of a factory in Russia. It is expected that future российский Foxconn plant will be a shirokoprofilnoe assembly production, based on which one can produce mobile telephones, computer components and other electronics of various types. Construction should be initiated this year, but exact dates are not known today.
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