New Governor Mr. S. Sitnikov visited VolgaStrap LLC

Mr. Sergey Sitnikov took charge of Kostroma Region governorship on April, 28th, 2012. Visit to VolgaStrap LLC was one of his first visits to industrial enterprises of Kostroma Region.

At the factory the Governor and his attendants met Mr. Eric Helin, Specta Group Chief Executive Officer and VolgaStrap principal investor. The guests got acquainted with the new technologies applied in the production, observed modern strapping line, producing steel strap for heavy cargo strapping and a new line, producing polyester strap, the line was implemented last year. The visitors also saw the plant’s laboratory equipped with modern European equipment.

Within 6 years VolgaStrap has become the leading producer of packing strap in Russia and CIS countries and is successfully exporting its products to many countries.

The Governor made a point that Kostroma Administration is interested in International investment attraction to the Region and they already took measures in this direction. To facilitate regional business development the questions of different administrative barriers reduction are to be solved in the nearest future.

Mr. Sitnikov paid tribute to high level of labor conditions and production culture on Volgastrap LLC, administration care about personnel health and their families, staff training organization and incentive.

In the course of the meeting general questions were discussed: infrastructure in Kostroma, lack of professional and technical colleges and kindergartens.

Mr. Helin noted that SPECTA would keep on investing in productive facilities. On his part Mr. Sitnikov promised to continue supporting the enterprise.

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