MOSCOW (MRC) -- German packaging moulder Jokey Plastik has begun the construction of its newest plant at Zavolzhie in the Ulyanovsk region of Russia, said Europeanplasticsnews.
The EUR15m facility, now expected to create around 120 new jobs, is scheduled to be completed and operating in the third quarter of 2014. Jokey, of Wipperfurth, Germany has run another 18,000 sq. m plant with 68 injection machines in the region at Mogilev, Belarus for 10 years and built up a business turnover of EUR40m business in Russia.
In additton to the Ulyanovsk factory, the company plans to finish building another factory in Turkey.
At the Russian site ground breaking ceremony in August, Ulyanovsk governor Sergey Morozov suggested that Jokey could, at a later stage, extend its operations in Ulyanovsk region to moulding its other products including automotive and computer components.
Founded in 1968, Jokey Plastik currently remains one of the world"s leading manufacturers of plastic packaging. The company currently operates 13 plants in Germany, France, Poland, Czech Republic, Serbia, Belarus, Turkey, Algeria, Egypt and Canada.
In addition to its core activities, Jokey also specialises in making structural components for automotive and computer equipment, and furniture for bathrooms.
MRC