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Investor

Investor profile

ABB Ltd

Zurich, Switzerland

Company's website: www.abb.com

T: +41 433177111

Public company (SWX: ABB)

Contact: Mr Ulrich Spiesshofer, Chief Executive Officer

ABB Ltd is a power and automation technologies firm that enables utility and industry customers to improve performance, while lowering environmental impact. The company serves electric, gas and water utilities, as well as industrial and commercial customers with a range of products, systems and services for power transmission, distribution and power plant automation.

Global ABB:

The company in its current form was created in 1988, but its history spans over 120 years.

Employs 150,000 people

Operates in approximately 100 countries.

ABB in Russia:

Operated in the Russian market - since 1992

ABB - 5 manufacturing companies in Russia

(Moscow, Moscow region - Hot’kovo, CHeboksari, Ekaterinburg) and 28 regional offices

Investment in Russia

Sep.19 2013

ABB Opening New Factory in Lipetsk Special Economic Zone

ABB announced plans to invest $20 million in a new factory in Lipetsk's special economic zone, 450 kilometers from Moscow. The company chose to build the factory in Lipetsk in part so as to receive tax incentives offered to resident businesses. Founded in 2005, the 1024-hectare zone focuses on the production of electrical equipment, ranging from household appliances to alternative energy systems.

Construction is set to begin in 2014 with the first products to reach the market in 2015.

The new factory in Lipetsk Special Economic Zone (2015) will be ABB's sixth manufacturing company in Russia.

Jobs created - about 1300 people.