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EleSy is to expand production by 2012

11 Oct '07
By 2012 Tomsk-based EleSy, a developer of oil and gas production automation systems and supplier of IT solutions for the industry, is expected to boost production capacity to 4.5 billion rubles ($180m), which is 1.6 times up on 2007.

The companys investment for 2008-2012 is set at more than 600 million rubles ($24m), the Chairman of EleSy Board of Directors Sergei Chirikov said at the companys strategy presentation.

In 2008 EleSy is to invest more than 150 million rubles ($6m) in its project within Tomsk Special Economic Zone (SEZ). In June 2007 the Federal Agency for SEZ Management registered the companys subsidiary EleTeam as a SEZ resident.

The Governor of the Tomsk region Viktor Kress pointed out that EleSy was guaranteed the regional governments backing in all EleTeam-initiated undertakings.
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Locations: Tomsk; Tomskaya oblast

Tags: investment (573) / EleSy (4) / Tomsk Region (36) / IT solutions (3) / oil and gas production (2) / Sergei Chirikov (1) / Governor Viktor Kress (0) / Federal Agency for Management of SEZ (0) / EleTeam (0) / Chairman of Board of Directors (0) /

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