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Ekinops SA

Three memorandums of cooperation have been signed at the St. Petersburg International Economic Forum under which the Korean companies HUMAX and KAON well as the French company Ekinops intend to begin assembling telecommunication equipment at the Morion plant in Perm, Russia, to fill an order from the telecom holding company Dom.ru.

Sales of the joint production facility will reach RUB 4 billion over three years.

Assembly of the devices – the HUMAX and KAON digital TV set-top boxes and the Ekinops-branded equipment for international digital communication channels – is expected to start in the second half of 2015. All equipment will be labeled Made in Russia. Dom.ru is planning to place orders worth more that RUB 300 million during the first year of production.

By the end of this year, Morion will manufacture 50,000 HUMAX set-top boxes designed specifically for Dom.ru and operating on the basis of an innovative open platform enabling ongoing expansion of digital TV functionality and new interactive services. The target for 2016 is to assemble 450,000 boxes.

A test-run batch of 100 TV set-top boxes under the KAON brand has already been assembled with assistance from Korean technical experts. Serial production for Dom.ru ¬– 100,000 boxes monthly – will start in September of this year. Marion is planning to assemble up to 1 million KAON boxes in 2016, allowing the company to fully localize the manufacturing of hybrid boxes for Russian and CIS operators.

Ekinops also views the start of assembly in Russia as a new stage of developing relations with Dom.ru, which has been operating the equipment successfully within its proprietary trunk network, and as another step in tapping the Russian market. Next year Morion is planning to start manufacturing the new hi-tech dense wavelength division multiplexing devices to set up 200 Gb per lambda data channels. This will be the first commercially available Russian-assembled transponder with more than 100 Gb per lambda throughput.

More than 150 new manufacturing jobs will be created at Marion.

The memorandums also envisage foreign trade and investment activity, R&D, expertise and advanced technology exchanges, supplies of assembled equipment to alternative telecom operators, and the establishment of a service center to maintain the HUMAX and KAON products in Russia and CIS.

“The establishment of a joint production facility in Russia will help us make a contribution to the development of import replacement. It’s hard to overestimate the importance of this task in the crucial, hi-tech telecommunications sector. Doing business without telecom services is impossible; they have become an integral part of life for most Russians. The emergence of domestically manufactured equipment will provide access to advanced technology and will make it possible to use it for the purpose of economic development. The signing of the memorandum is a sign of a high degree of trust in our company, as well as an important step in the development of Perm’s innovative telecommunications cluster” said Andrey Semerikov, CEO of ER-Telecom Holding.

“HUMAX is happy to consolidate its partnership with ER-Telecom. We’ve been working as a team for five years, offering Russian pay TV viewers the most interesting and promising services. We believe that the launch of production in Russia will expand the sphere of our operations and open up new opportunities for development as well as for cooperation with ER-Telecom”, said Jeff Kim, President of HUMAX Europe.

“KAON Media supplies digital TV subscriber equipment to more than 80 countries, including Russia. The new joint project with ER-Telecom, one of Russia’s largest operators, will raise our relations to a new level. We will not only ship finished goods to Russia, but we will also help install an assembly line meeting the strictest quality, safety and environmental standards”, said Sang Ho Park, KAONMEDIA Executive Vice President of Sales.

Three memorandums of cooperation have been signed at the St. Petersburg International Economic Forum under which the Korean companies HUMAX and KAON well as the French company Ekinops intend to begin assembling telecommunication equipment at the Morion plant in Perm, Russia, to fill an order from the telecom holding company Dom.ru.

Sales of the joint production facility will reach RUB 4 billion over three years.

Assembly of the devices – the HUMAX and KAON digital TV set-top boxes and the Ekinops-branded equipment for international digital communication channels – is expected to start in the second half of 2015. All equipment will be labeled Made in Russia. Dom.ru is planning to place orders worth more that RUB 300 million during the first year of production.

By the end of this year, Morion will manufacture 50,000 HUMAX set-top boxes designed specifically for Dom.ru and operating on the basis of an innovative open platform enabling ongoing expansion of digital TV functionality and new interactive services. The target for 2016 is to assemble 450,000 boxes.

A test-run batch of 100 TV set-top boxes under the KAON brand has already been assembled with assistance from Korean technical experts. Serial production for Dom.ru ¬– 100,000 boxes monthly – will start in September of this year. Marion is planning to assemble up to 1 million KAON boxes in 2016, allowing the company to fully localize the manufacturing of hybrid boxes for Russian and CIS operators.

Ekinops also views the start of assembly in Russia as a new stage of developing relations with Dom.ru, which has been operating the equipment successfully within its proprietary trunk network, and as another step in tapping the Russian market. Next year Morion is planning to start manufacturing the new hi-tech dense wavelength division multiplexing devices to set up 200 Gb per lambda data channels. This will be the first commercially available Russian-assembled transponder with more than 100 Gb per lambda throughput.

More than 150 new manufacturing jobs will be created at Marion.

The memorandums also envisage foreign trade and investment activity, R&D, expertise and advanced technology exchanges, supplies of assembled equipment to alternative telecom operators, and the establishment of a service center to maintain the HUMAX and KAON products in Russia and CIS.

“The establishment of a joint production facility in Russia will help us make a contribution to the development of import replacement. It’s hard to overestimate the importance of this task in the crucial, hi-tech telecommunications sector. Doing business without telecom services is impossible; they have become an integral part of life for most Russians. The emergence of domestically manufactured equipment will provide access to advanced technology and will make it possible to use it for the purpose of economic development. The signing of the memorandum is a sign of a high degree of trust in our company, as well as an important step in the development of Perm’s innovative telecommunications cluster” said Andrey Semerikov, CEO of ER-Telecom Holding.

“HUMAX is happy to consolidate its partnership with ER-Telecom. We’ve been working as a team for five years, offering Russian pay TV viewers the most interesting and promising services. We believe that the launch of production in Russia will expand the sphere of our operations and open up new opportunities for development as well as for cooperation with ER-Telecom”, said Jeff Kim, President of HUMAX Europe.

“KAON Media supplies digital TV subscriber equipment to more than 80 countries, including Russia. The new joint project with ER-Telecom, one of Russia’s largest operators, will raise our relations to a new level. We will not only ship finished goods to Russia, but we will also help install an assembly line meeting the strictest quality, safety and environmental standards”, said Sang Ho Park, KAONMEDIA Executive Vice President of Sales.
 

19 June 2015
http://ertelecom.ru/
Investor
Jobs: 150
Perm region

Investor profile

Ekinops SA

France

Company's website: www.ekinops.net

T: +33 (0)1 49 97 04 04

Public company

Contact: DIDIER BRÉDY, CEO

Ekinops is a leading developer and manufacturer of next-generation WDM solutions for service providers and private networks.

Its base product, the Ekinops 360, is a next-generation carrier class optical transport xWDM platform designed for metro, regional and long-haul CWDM and DWDM networks.

Ekinops 360 is underpinned by a technology called the T-Chip® (Transport-on-a-Chip) that is programmable and allows for small footprint, low power consumption, and quick introduction of new features.

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