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Technonikol wants to increase investment in regional development to 47 billion rubles

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Technonikol wants to increase investment in regional development to 47 billion rubles

Technonikol Corporation has invested 18 billion roubles over the last five years. In the next five years, 2021 to 2025, the company plans to increase this figure by more than 2.5 times. This was reported to the Made in Russia project by the company's press service.

For example, Technonikol has invested in commissioning new and upgrading existing facilities, implementing social and environmental projects, developing infrastructure, training construction industry specialists and developing information modelling in Russia.

"Among the biggest events of the last 5 years I would like to highlight the launch of a building foils manufacturing plant, which allowed the company to enter a new segment for it, as well as opening of a building chemicals plant and commissioning of two enterprises for plastic drainage systems and two for production of basalt insulation," - said General Director of the company Vladimir Markov.

He pointed out that the corporation was one of the first on the Russian market to have fully automated its logistics system.

In the last five years the corporation's revenue has grown by 58% from 70 billion to 113 billion rubles a year. The company also began supplying its products to 56 other countries, launched ten factories and three training centers in different Russian regions.

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Author: Ksenia Gustova

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