Obuv Rossii GK and the KCR Government signed a memorandum of cooperation within the framework of the 11th Sochi-2012 International Investment Forum.
“The company intends to build a shoe factory with a capacity of a million pairs a year. This company has already received government guarantees in 30% of the total project cost. The company passed a commission in the Ministry of Regional Development, there were some checks by the Ministry of Finance and VEB, but we can assume that this year it received state guarantees, ”the head of the ministry said.
It was previously reported that the factory will reach full capacity by the 2017 year. The creditor of the project, whose goal is to create modern full-cycle shoe production in Cherkessk, is OJSC AKB International Financial Club (IFC Bank). The shoe factory will include cutting and sewing workshops, assembly production, a workshop for the production of shoe bottoms. The project involves the purchase, repair and equipment of a building with an area of 8 thousand square meters. meters and a phased launch of production with full capacity through 4 of the year. The products of the new factory will be sold in the main shoe network of Shoe of Russia - the Westfalika network, which has more than 160 stores in 56 cities of Russia.
Obuv Rossii Group of Companies is a multidisciplinary holding company, one of the five largest shoe companies in Russia. The company develops various business areas, including shoe retail, shoe manufacturing, wholesale and franchising. The shoe network of the company has more than 180 stores in 56 cities of Russia - from St. Petersburg and the Moscow region to Khabarovsk and Vladivostok.
The main shoe network of Shoe of Russia - Westfalika has been operating on the market for more than 19 years. The shoe production company is based in Novosibirsk, its capacity is 350 thousand pairs of shoes per year. According to the results of the 2011 year, the revenue of Shoe of Russia amounted to 2,2 billion rubles, the plan for 2012 year - 3,2 billion rubles, Interfax.ru reports.
Sochi-2012 International Economic Forum was held from 20 to 23 on September.