Obuv Rossii invests 500 million rubles in the development of production in 2017 Group of companies Obuv Rossii
10.11.2016 4783

Obuv Rossii invests 500 million rubles in the development of production in 2017

Obuv Rossii group of companies announced plans to invest 500 million rubles in the development of production in 2017. This was announced by Anton Titov, founder and director of the Obuv Rossii group of companies, at the press conference “Import Substitution in the Region: Results and Prospects”, which was held at Interfax-Siberia on Thursday, November 10. The funds will be primarily aimed at upgrading equipment and expanding the cutting and sewing workshop.

Obuv Rossii implements a seven-year production development program, the volume of which is 5 billion rubles, of which 2 billion rubles are own funds. By 2022, the company expects to increase the production of shoes by three times - up to 1,5 million pairs. As part of the implementation of this program, the company in 2015-2016. Already invested 800 million rubles in the modernization of equipment, the launch of new production lines. This year, Obuv Rossii acquired two sets of Orisol automated sewing systems, and began manufacturing special-purpose shoes; in the fall, the company expanded its production facilities by 1,5 times - up to 5,8 thousand sq.m.

One of the factors that contribute to the development of Russian production at present is the devaluation of the ruble. However, as Anton Titov noted, it is not worthwhile to base your strategy on the devaluation effect only, since its effect is short-term. Russian manufacturers can use the current situation to modernize production, introduce automated systems, improve product quality and continue to be competitive at the global level. The company considers a segment of special footwear to be a promising direction for itself.

In 2016, the situation in the Russian shoe market is stabilizing and there are positive trends. So, according to the Discovery Research Group, in the 1st half of 2016, the growth in Russian production amounted to 6%. At the same time, imports continue to decline: a decline for six months of this year amounted to 22%.

The Obuv Rossii group of companies is one of the three largest footwear retailers in Russia, founded in 2003, headquartered in Novosibirsk. The main business areas are footwear production, retail and wholesale trade in footwear and related products. Obuv Rossii is developing five shoe chains: Westfalika (mono-brand, mid-price segment), Pedestrian (multi-brand shoe supermarket), Emilia Estra (shoes boutique), Rossita (store for the whole family) and Lisette (fashion shoe salons). The shoe chain "Obuv Rossii" today has more than 450 stores in more than 100 cities. The company's revenue in 2015 according to RAS amounted to 9 billion rubles, net profit - 1,3 billion rubles.

The Obuv Rossii group of companies announced plans to invest 500 million rubles in the development of production in 2017 ...
5
1
Rating

Latest News

The PUMA Suede House pop-up space became a highlight of Paris Fashion Week.

Puma opened a pop-up space during Paris Men's Fashion Week—PUMA Suede House. The large-scale installation opened in the Marais district, next to the brand's Paris office, and is open to the public from the 22nd to…
23.01.2026 267

The theme of the Louis Vuitton FW'26 collection is "Timeless" - a new take on the time-tested.

Timeless is the theme of Louis Vuitton menswear creative director Pharrell Williams' fall/winter 2026 collection, and it even extends to his footwear collection.
22.01.2026 378

Converse unveiled a collection for Valentine's Day.

When Converse releases sneakers with hearts in their designs, it's almost February 14th. The American brand never misses the opportunity to celebrate Valentine's Day with a festive collection reminiscent of…
22.01.2026 379

SELA has released a men's collection in collaboration with Soyuzmultfilm.

The Sela x Soyuzmultfilm collection features basic sneakers in black and white, adorned with characters from famous Soviet cartoons. Images include Winnie the Pooh, a kitten named Gav, Kesha the parrot, the Wolf from "Well, Just You Wait!", and other famous characters.
21.01.2026 525

Jaden Smith presented his first collection for Christian Louboutin.

Christian Louboutin's new menswear creative director, 27-year-old Jaden Smith, unveiled the brand's debut shoe collection, which was designed under his…
21.01.2026 945
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning