Yugor, a company from the Tyumen Region, will locate a full-cycle production in Ekaterinburg. The investment project is supported by the Development Corporation of Sverdlovsk Region.
The core business of the enterprise is the production of architectural and artistic castings and metal items for urban and landscape beautification.
“In 2018, we will celebrate the 30th Anniversary of our production. Yugor has been based in Tobolsk for its entire history. We plan to launch our production in Ekaterinburg as part of business extension in July this year. It is a logical and promising step for our company to improve logistics, increase sales in new markets, and to be closer to the source of raw materials – I am talking about cast iron, casting sand, rolled metal, said CEO of Yugor Maksim Emelyanov.
Alongside with raw materials, the Sverdlovsk Region is rich in skilled engineering and production personnel, said a company representative.
“We are implementing a project of modern, high-tech, and clean production, therefore, we searched for a new industrial site meeting the highest standards,” added Maksim Emelyanov.
The company will be located in the industrial complex near the Novosverdlovskaya Heat and Power Plant.
“This example shows the current business need for ready modular buildings up to 1,500 square meters suitable for almost any production without restrictions of the layout planning. Investors are looking for conditions for a quick start of a project, while the possibility to get connected to the existing networks and infrastructure greatly reduces the initial investments”, said CEO of the Development Corporation of Sverdlovsk Region Sergey Kiselev.
The Development Corporation of Sverdlovsk Region pays special attention to such facilities – ready-made production buildings – when filling the base of industrial estate in the Sverdlovsk Region. Today, the base of the Development Corporation of Sverdlovsk Region includes over 400 facilities, and we can select a site in strict accordance with the business requirements in terms of the energy, area, location.
It is noteworthy that the Yugor production company’s project will create up to 60 new jobs. The enterprise will operate on the full cycle basis from the design and simulation to the casting, metal works, and painting of products. It is planned that the annual production volume will exceed RUB 100 million, and the targeted market is the whole territory of Russia.