The leading independent lubricants manufacturer FUCHS PETROLUB today opens its new modern plant in Kaluga, Russia. The construction of the plant started in 2011 and within two years a state of the art, modern production facility was built. The total investment of the project amounted to more than EUR 15 million.
The new facility meets the highest standards in terms of quality, safety and environment and will produce a wide range of lubricants for automotive and industrial applications. With the new plant, FUCHS finalizes an important step in Russia to supply domestic and international customers in many different industries like automotive, steel, mining, automotive components, food, transportation, off high way, and agriculture with high quality lubricants manufactured according to German technology.
In Russia, the FUCHS Group is active through its 100% subsidiary FUCHS OIL RUSSIA with offices in Moscow, St. Petersburg, Yaroslavl and Yekaterinburg. The company employs more than 60 people. For 15 years, FUCHS has been as one of the leading international lubricant players in the Russian market.
In 2012 the FUCHS PETROLUB Group generated sales revenues of EUR 1.8 billion and a profit after tax of EUR 207 million. In total the FUCHS Group currently employs a workforce of about 3,800 people in 49 operating companies in Europe and overseas.
Mannheim, September 19, 2013
FUCHS PETROLUB SE
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0)621 3802-1104
E-mail: tina.vogel@fuchs-oil.de
The information below can be accessed at the following web addresses:
Press release:
www.fuchs-oil.com
Press photos:
www.fuchs-oil.com/pressphotos1.html
Important note
This press release contains statements about future developments that are based on assumptions and estimates by the management of FUCHS PETROLUB SE. Even if the management is of the opinion that these assumptions and estimates are accurate, future actual developments and future actual results may differ significantly from these assumptions and estimates due to a variety of factors. These factors can include changes in the overall economic climate, changes to exchange rates and interest rates, and changes in the lubricants industry. FUCHS PETROLUB SE provides no guarantee that future developments and the results actually achieved in the future will match the assumptions and estimates set out in this press release and assumes no liability for such.