slide1
Download
Skip this Video
Download Presentation
Meeting/Event name – Month date, 2011, Type of event, Country – Arial regular size 8

Loading in 2 Seconds...

play fullscreen
1 / 21

Meeting/Event name – Month date, 2011, Type of event, Country – Arial regular size 8 - PowerPoint PPT Presentation


  • 232 Views
  • Uploaded on

Meeting/Event name – Month date, 2011, Type of event, Country – Arial regular size 8. ROCKWOOL – RUSSIA factory in SEZ ‘ALABUGA’ A Case Study September 17th, 2012. Rockwool International. World No1 manufacturer of stone wool insulation Quoted on the Danish stock exchange

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Meeting/Event name – Month date, 2011, Type of event, Country – Arial regular size 8' - katima


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1
Meeting/Event name – Month date, 2011, Type of event, Country – Arial regular size 8

ROCKWOOL – RUSSIA factory in SEZ ‘ALABUGA’

A Case Study

September 17th, 2012

slide2
Rockwool International
  • World No1 manufacturer of stone wool insulation
  • Quoted on the Danish stock exchange
  • Business is Energy Saving, also Fire & Acoustic protection
  • 27 production lines, and businesses in over 40 countries
  • Purchased 1st factory in Russia in 1999
  • Now 4 factories and 7 sales offices in Russia
slide3
Rockwool factories approximately 1,000km apart

MURMANSK

St.Petersburg

850

N Novgorod

1030

Kazan

Kharkov

Odessa

870

Dnepropetrovsk

Yekaterinbourg

Samara

Rostov-na-Dony

Ufa

Cheliabinsk

Volgograd

Omsk

Novosibirsk

Astana

Cities with population more than 1 000 000

slide4
Rockwool factory Alabuga SEZ
  • $ 150,000,000 investment
  • 48 Ha(including environmental area)
  • Highest output stone wool line in the world
  • Commissioned Q1 2012
slide7
One of the biggest challenges of investing in Russia is to convince your Head office Supervisory Board
slide8
Nice Tax incentives in Alabuga SEZ
  • No Customs duties on imported machinery when constructing the factory
  • Profit tax reduction from 15.5% to 2% for the first 5 years
  • Profit tax reduction from 15.5% to 7% for the 2nd 5 years
  • tax concession on property tax during 10 years
  • (0% instead of usual 2.2% of net assets)
slide9
1. Support from Business orientated Authorities

List of 22 criteria when we

Build or Buy a factory

slide10
Why are supportive business like authorities so important ?

We are a “white” foreign company with strong Scandinavian values

It is inevitable to encounter problemsduring such a major project.

slide11
Why we chose Tatarstan ?

1/ We have been importing into Russia since the 1970s and already knew the landscape

2/ Spent time meeting short listed Authorities

3/ Personally discussed with General Directors of 9 companies already doing business in Tatarstan

slide13
Quote fromsenior Customs Authorities in Alabuga,

”Its our shared goal to commission your factory on time”

slide14
Rockwool factory Alabuga SEZ
  • Whole project delivered on budget
  • …… and 2.5 months ahead of schedule.
  • Run 24 / 7 since start up,
  • Performing ahead of the planned learning curve.
slide16
Support from Business orientated Authorities

Proximity to customers and markets

Large site to allow expansion (min 20 Ha.)

Reasonable priceof land

Stable soil conditions (for building foundations)

No pollution or contamination

Railway connection

Easy access to Public roads

Possible to erecthigh chimney

Airport within reasonable distance

No immediate residential neighbours

22 criteria when we build/buy a factory

slide17
22 criteria when we build/buy a factory

Suitability of any existing buildings

Electrical power supply 7 MVA

Natural Gas 1,000 Nm3/h

Sewerage for 250 employees

Availability of raw materials

Tax concessions

All necessary industrial permissions and approvals

Clear ownership of land

Suitable hotel accommodation for engineers building the factory

Local technical universities (availability of skilled staff)

Good availability of local blue collar labour force

slide21
Meeting/Event name – Month date, 2011, Type of event, Country – Arial regular size 8

Questions?

ad