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3 May '18

Glass containers factory will be built in Crimea for 1.2 billion rubles

Glass containers factory will be built in Crimea for 1.2 billion rubles

The first glass factory at a cost of 1.2 billion rubles will be built in Crimea, with a capacity of 120 million bottles a year. It completely closes the needs of local winemakers in high-quality containers. The enterprise will be located on a plot of 10 hectares in the village of Ukromnoe near Simferopol.

The intention of "Crimean Glass Company" to build a plant for 1.2 billion rubles on the peninsula was reported by the Crimea Development Corporation, which signed the corresponding memorandum with the investor. It was clarified that the investor plans to invest a half of the announced amount, that is 600 million rubles, in the coming year. The corporation added that the project is planned to be implemented near the village of Ukromnoe, on a plot of about 10 hectares. The project will create about 160 workplaces. 

The corporation reported that it would be the first glass containers factory in the newest history of Crimea. The main consumers of the products will be wineries of the Republic.

"Today, one of the most important areas is the development of clusters, therefore, the establishment of a glass containers factory is very important, - commented General Director of the Crimea Development Corporation Nikolay Saprunov. - The glass factory can become a part of the winery cluster, which begins to form in the region, and will satisfy the needs of the local winemakers. Today, the total demand for glass containers is 150-200 million bottles and cans per year. The Crimean manufacturers are forced to buy containers on the mainland, which significantly increases the cost of the final product."

General Director of the glass company Aleksander Gorbunov noted that a considerable share of the production volume will be made by the wine bottle of green and olive colors, which "will fully meet the needs of Crimean winemakers in glass containers". "We plan to start implementing the project in the second half of 2018 and to put the plant into operation in a year, - Gorbunov specified, - We will use our own and borrowed funds with the ratio of 20 percent to 80 percent, where most of it is a bank loan. With a profitability of 30 percent, we will pay all the costs in four years."

The senior executive explained that "Crimean Glass Company" was established to implement the project and is a resident of the free economic area of the Republic of Crimea. Presently, a feasibility study of the construction and a business plan are ready, negotiations with banks on cooperation in the framework of the project financing are under way .

A source close to the wine industry of Crimea noted that judging by the declared capacity, the glass company will not limit itself to the territory of the peninsula and will actively seek consumers in other wine-growing regions of Russia. First of all, in neighboring Kuban. "The annual demand of the two largest Crimean wine producers - , "Massandra" and the Inkerman plant - is no more than 40 million bottles a year," - the source said. - Plus, smaller winemakers can take about 20 million. The rest of the "glass" will be exported beyond Crimea".

"Now, the sales volumes of the Crimean winemakers are far from 120 million bottles a year," - agreed general director of the Inkerman Plant of Vintage Wines Sergey Lebedev. - On the other hand, the overwhelming majority of wine producers in Russia have established contacts with manufacturers of glass bottles from Krasnodar Krai and Rostov Oblast. The opening of the Kerch bridge will help optimize the logistics of the delivery of glass containers to the peninsula, reduce the cost of its purchase by Crimean winery plants. New glass production will create workplaces, which, of course, is important, but the issue of full capacity utilization of the plant remains open."

"While our company is fully provided with bottles due to supplies from existing glass factories, we do not feel a deficit," stressed Aleksander Strizhenko, the deputy director general for logistics of OAO APF "Fanagoria" in Kuban. "If a new entrant offers more attractive prices, with the same or better quality, of course, we will consider these offers."

"As a state-owned enterprise, we choose suppliers of containers under the terms of a tender," explained the state procurement department of FSUE PAO "Massandra". "The main thing is that the supplier should meet three main criteria: price, payment by installments possibility, and quality. In this sequence. If a factory offers favorable terms and wins (in a tender), we will buy bottles from this factory."

It was added that one of the suppliers of glass containers to the factory workshops of "Massandra" is a plant in Stavropol Krai - in Mineralnye Vody, the quality of products of which is suitable for the winemakers.

"A number of manufacturers of glass containers work in the south of Russia," said Nataliya Chibineva, the chairman of the Association of Producers of Grapes and Alcohol Products of Krasnodar Krai "Kubanvinogradalko". "The largest plants operate in Kuban, Mineralnye Vody and Rostov Oblast. Despite this, about 50 percent of domestic wine producers prefer imported bottles, as of better quality. We know quite a few companies that have stopped working with Russian suppliers of glass containers, even despite attractive prices. The main reason - broken glass, which in the volume of supply was at least 10-12 percent."

According to an expert, if the products of the "Crimean Glass Company" will compete with the imported analogs not only in price but also in quality, then the new domestic bottle will have a steady demand.

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