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IPG Photonics Corporation

IRE-Polus is going to build an industrial laser factory in the Alabuga Special Economic Zone by 2020, a project totalling RUB 552.7m.

IRE-Polus was founded in Russia in 1991 and is the core company of the IPG transnational research and development group. IPG produces over 80% of fibre lasers and about 25% of laser sources in the world. The company has been publicly traded since 2006 (NASDAQ: IPGP) and has a current total capitalization of $3.3 billion.

24 December 2015
ITAR-TASS
Investor
6.6 mln

Investor profile

IPG Photonics Corporation

USA

Company's website: www.ipgphotonics.com

T: (877) 980-1550

Public company

E-mail: support@ipgphotonics.com

Contact: Valentin P. Gapontsev, General Director

IPG is a transnational research and development group with research, production and service facilities in the United States, Germany, Russia, Italy, United Kingdom, India, China, South Korea, Japan and Brazil. IPG produces over 80% of fibre lasers and about 25% of laser sources in the world. The company has been publicly traded since 2006 (NASDAQ: IPGP) and has a current total capitalization of $3.3 billion.

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