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Accumalux Group

The new Accumalux factory, built in cooperation with the Luxembourg-based Accumalux Group, launched production in the city of Togliatti in the Samara region on April 9, 2015.

The factory will produce up to 2 million battery parts per year. It will completely cover the needs of one of Russia’s largest battery producers, AKOM, which is located in the neighboring city of Zhigulyovsk. The Zhigulyovsk-based factory had previously purchased its parts abroad. In 2015, the new factory in Togliatti plans to deliver approximately 280 million rubles worth of products to AKOM.

“We expect production to grow in Russia. It is good to develop business in a region you trust,” Accumalux Group President Charles-Louis Ackermann said at the opening ceremony.

Siemens, Schneider Electric, and Bosch are also planning to open factories in the Samara region in the near future. Together with these new projects, the Accumalux Group’s factory is a long-term investment in the development of the region.
 

09 April 2015
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Investor profile

Accumalux Group

Luxembourg

Company's website: www.accumalux.com

T: +352 36 70 62

Private company

Contact: Charles-Louis Ackermann, President and CEO

The Accumalux Group has enterprises in Luxembourg, the Czech Republic, Australia, and Bulgaria. Their main activity is producing parts for automobile and industrial batteries.

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