Kerama Marazzi to invest over RUB 5 billion in a production facility in Orel


04 February 2019
Kommersant

Kerama Marazzi, LLC has purchased over 110,000 sq.m. in Orel Industrial Park (IP), as reported by the Press Service of the Government of the Orel Region. According to the press service of Severstal-Metiz, OJSC, industrial park's management company, the transaction was closed at the end of 2018. Kerama Marazzi bought out the remaining areas in the park and is planning to build two factories: sanitary ware production (capacity of 270,000 items per year) and ceramic granite production (capacity of over 5 million sq.m. per year). The launch of the former is expected in Q1 2020, and the latter is scheduled for 2022. The sites are expected to provide over 400 jobs. According to Kerama Marazzin, RUB 5.1 billion is to be invested.

83.0 mln
Jobs: 350
Orel region, Moscow region

Investor profile

Marazzi Group

Italy

Company's website: www.marazzi.it/it/

T: +39 059 384111

Private company

E-mail: web@marazzigroup.com

Manufacturer of ceramic and porcelain tiles.