22 July 2024

Krasnoyarsk plans to implement an investment project to expand the production of non-standard and large-sized glass products

The Yenisey Siberia Development Corporation and SibGlass LLC have signed an agreement to support an investment project to expand production and build new workshops. As a result of the project, the company plans to increase the production of glass products, including non-standard geometric shapes and oversized sizes. 

The total investment volume is 566 million rubles, and 17 high-performance new jobs are being created as part of the project. The project implementation period is 2024-2029.

General Director of SibGlass LLC Nadezhda Nikitina: “The main consumers of the products will be companies operating in the construction sector.  Currently, there is a steady growth in both residential and commercial construction, which means that our products will stimulate the development of the industry.”

In the structure of the raw materials used by the company, more than 63% are Russian-made raw materials. The location of the company’s production in Krasnoyarsk is a competitive advantage, as it allows us to deliver finished products to various regions of Russia, including the Far East, in a short time.

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SibGlass LLC is a part of Sibglass Group Holding and is the largest processor of flat glass in Siberia and the Far East. The company, which has more than 25 years of experience in the industry, uses advanced technologies in the field of glass processing and specializes in the production of glass products for construction purposes, glass products for mechanical engineering, railway, marine and river transport; glass products for furniture, equipment and household appliances. The company supplies products throughout the territory of the Russian Federation and neighboring countries.