Kerama Marazzi will invest 1.7 billion rubles in the construction of a new production and warehouse facility in Stupino near Moscow. TASS was reported about this in the press service of the Ministry of Investment and Innovation of the Moscow Region on Friday.
Kerama Marazzi, an Italian manufacturer of ceramic tiles and granite, plans to launch a new production line with its enterprise in the village of Malino (the Stupino District), as reported on Monday by Marco Andrea Santandrea, the President and Chairman of the Board of directors of Kerama Marazzi, LLC.
Today, the site of International Sochi 2016 Investment Forum has seen the execution of the cooperation agreement by and between Orel Region Government and LLC Kerama Marazzi according to the regional governor's Press service. The document has been signed by Vadim Potomsky and KM's BoD President, Mr. Marco Santandrea.
It suggests building a granite production facility of 5.8 mtpa within Kerama Marazzi's enterprise already existing in Orel. The facility is scheduled for commissioning in 1Q2018. The region will create 144 jobs.
Kerama Marazzi, producer of ceramic tiles (Oryol Region) will invest 2.5 bln rubles in the development of its production facilities in the region in 2016.
The Oryol enterprise which is one of the calling cards of thr region, produces now 30% of all ceramic tiles in Russia.
According to the Media Relations of the Moscow Oblast Investment and Innovation Ministry, Kerama Marazzi will invest RUB 1.36 billion in the expansion of its ceramic tiles production in the Moscow Metropolitan Area.
Kerama Marazzi's ceramic tiles plant in the Stupino District has been operated since 2006. The investment under the project will exceed RUB 5 billion and 350 jobs will be created.
On February 2, 2015, the manufacturer of ceramic and porcelain tiles Kerama Marazzi launched a new production line for oversize tiles (20×50, 25×40, 30×60 cm) at their plant in Oryol.
According to Kerama Marazzi’s CEO Umberto Maffia, the new production line will integrate digital printing and dry cropping into ceramic tile production, and will manufacture up to 2,800,000 square meters of high quality new product annually.
This will be a significant increase in production volumes for both the plant in Oryol and the company in Russia as whole. In 2014, Kerama Marazzi manufactured about 24,700,000 at the plant in Oryol and about 6,300,000 at the plant in Moscow. That is, production in Oryol will increase by 11% and will amount to 9% of the company's production.
The launch of the new production line will create 56 new jobs.