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Specta Group

The launch of the fourth polyester tape production line at the Kostroma VolgaStrap enterprise signified the 25 anniversary of the investor, the Specta company which is the largest producer of PETF and steel tape in Eastern Europe. In 2006, the company opened its production association in Kostroma. Today, the plant ranks third in Europe in production of polyester and steel packaging tape.

On May 24, Sergey Sitnikov, Governor of the Kostroma Region, and Eric Helin, President of Specta Group AG, signed an investment agreement at the Saint Petersburg International Economic Forum under which Specta will establish additional production facilities for PET tape and warehouse premises in Kostroma.

Specta is the main investor of the enterprise.

24 May 2018
Business World Agency, 2018

Specta has acquired the assets of the largest PET-bottle recycler in St Petersburg region in Russia. The factory has modern technology of Italian origin. Specta plans to increase the capacity up to 12.000 mt per year.

The factory processes the PET-bottles into PET-flakes, which Specta further uses as raw material in the production of PET-packing strap at its plant in Kostroma.

"We need about 200 million bottles annually to secure raw material for our production and the new line will be part of the demand. The acquisition is an important step to secure the raw material, to improve control of the quality, to raise efficiency and to increase the capacity. For a client all this means an increased competitiveness" – says Erik Helin, CEO of Specta Group.

06 April 2015
http://www.mrcplast.ru/
Investor
St. Petersburg

Investor profile

Specta Group

Finland

Company's website: www.specta.com

T: +358 44 549 5218

Private company

E-mail: antti.oikarinen@specta.com

Contact: Erik Helin, CEO

Specta is one the largest PET-packing strap producers in Europe. Its main markets are Western and Eastern Europe, Middle East and Scandinavia.

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