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Schott AG

SCHOTT Pharmaceutical Packaging plans to invest around 2 million euros in new equipment of its plant in Zavolzhye, Nizhny Novgorod region, by the end of 2018.

02 June 2016
NIA Nizhny Novgorod

Germany-based glass and packaging firm Schott AG has announced it is planning to increase the production capacities at its plant in Zavolzhe, Russia, by more than 50 per cent.

Schott management board chairman Udo Ungeheuer said expanding presence in Russia is an important strategic step for the benefit of customers. "In other words, by pursuing a consistent investment strategy, we will be helping our customers in the Russian pharmaceutical industry to achieve their own growth and quality objectives," Ungeheuer added.

"GMP will be required by law for all companies that manufacture in Russia starting in 2014 and Schott has the necessary know-how on helping its customers to establish GMP-certified manufacturing." 

27 November 2012
Investor
2014
13.6 mln
Jobs: 150
Nizhny Novgorod region

Investor profile

Schott AG

Mainz, Germany

Company's website: www.schott.com

T: +49 6131660

Private company

Contact: Professor Udo Ungeheuer, Chief Executive Officer

SCHOTT is a leading global supplier of high-tech products made of glass and glass ceramics. SCHOTT supplies innovative solutions for a variety of industries, including the production of household appliances, pharmaceuticals, electronics, optics, motor industry and aviation. The company maintains its global presence with production and sales offices in 35 countries. It employes about 15 400 workers. Parent company SCHOTT AG is located in Mainz (Germany) and belongs to the Carl Zeiss fund.

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