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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Tejidos Estambril y Energocontract invierten 15 millones de euros en una fábrica en Rusia

Estambril and Energocontract fabrics invested 15 million euros in a factory in Russia

28/01/2009

January 28, 2009

The group Estambril, manufacturer of special fabrics, has carried out a 'joint venture' with the Russian company Energocontract to install a new factory in Moscow which will invest more than 15 million euros.

Estambril produces textile materials for the annual production of 500,000 costumes. In five years, with the plant at full capacity, the estimated forecast is the make fabrics for suits $ 1 every year, especially for the Russian market. The plant will employ 100 people and its main activity is the development, innovation and manufacturing of fabrics for costumes for the special protection that demands the Russian market. Both companies provide 50 per cent of the capital. The project started on January 1.

The director-general of the Group Estambril, Joan Llivina, says: "We have been working closely for years sharing a" same principle: the passion for protecting people. Together we have learned that in order to respond to the specific needs of Russian workers, must be near them, being capable of understand their daily needs beyond where they are, i.e., "from St. Petersburg to Sakkalin".

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