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‘VASILYEV AND PARTNERS’ EXPAND THE PRODUCTION OF INNOVATIVE TISSUES IN THE MOSCOW ZELENOGRAD

31.10.2017

‘Vasiliev & Partners’ textile manufactory, the leading Russian manufacturer of decorative textiles, announces a doubling of production capacities at the enterprise in Zelenograd (Moscow). Following the implementation of the investment project, the company ensured 100% of the localization of the production cycle on the territory of the Russian Federation. In the coming financial year, starting from October 1, 2017, it is planned to issue up to 2,000,000 running meters of curtain fabric at the domestic enterprise. The company completed the construction of new premises at the production complex in Zelenograd, increasing the total useful area of ​​the enterprise and the logistics center to 2500 square meters. Innovative digital printing machines have been put into operation that have expanded the existing high-tech park of the enterprise, which will allow at least double the output of curtain fabrics, ready-made sets of curtains, hard-to-ignite fabrics and blackout. Curtain fabrics and curtains will be realized by the channels under the new trade mark – “Vasiliev and Partners ” Textile Manufactory”. Non-combustible fabrics and blackout will continue to be produced under the famous Firetex brand. Starting in 2018, the company plans to launch the production of fabrics for clothing. To date, the production complex is focused on the production of more than 7000 running meters of tissue per day. Sewing workshops of the company are designed for daily production of about 1500 finished products. The company buys up to 75% of raw materials for fabric production on the territory of the Russian Federation and the Republic of Belarus. The investment project was implemented to increase the company’s share in the Russian decorative fabrics market to 10% within the next 3 years. To achieve this goal, the volume of production and shipment can be further increased to 12,000 running meters of fabric per day (over 4 000 000 m per year), if the measures of state support of Russian producers are strengthened in the coming years and will allow solving a number of fundamental problems in the industry. “In 2016, the volume of the fabric market for only two groups – 5514 and 5408 – was 44 million square meters or $ 210 million in monetary terms, of which about 84% were imported from China. This is the volume of textile products that can and is profitable to produce on the territory of Russia and the EAC countries. The actual volume of output at our enterprise will depend, inter alia, on the implementation of measures to support domestic producers in the light industry,- notes Anton Vasiliev, CEO of Vasiliev & Partners. On August 24, 2017 The President Vladimir Putin during a meeting on the development of light industry in the Ryazan region noted the need to support and develop domestic enterprises of the industry. “To date, a number of measures have been implemented aimed at facilitating and stimulating the activities of Russian producers on the territory of the Russian Federation,” notes Anton Vasilyev. “We see a significant contribution from the Ministry of Economic Development of the Russian Federation, the Ministry of Industry and Trade of the Russian Federation, the Russian Union of Entrepreneurs of Textile and Light Industry, etc. At the same time, being a domestic manufacturer with more than 18 years of history, we are ready to offer a number of solutions that, in our opinion, will allow to bring the market of textile production in Russia on a fundamentally different level and to increase the flow of investment in light industry. In this case, we will certainly continue to expand production capacities and increase our contribution to the development of the country’s economy. ” The company, founded in 1999 as one of the first private textile factories in the country, for the last 10 years provided production of fabric and finished products for the leading chain stores of the DIY segment and fabric distributors in Russia. Since 2005, the company has also been known under its own brand Firetex, releasing flame-retardant fabrics and blackout. In 2016 a new trade mark was created – “Textile Manufactory” Vasiliev and Partners “, under which the company plans to increase its share in the Russian market. Company profile ‘Vasiliev & Partners’ textile manufactory is the leading Russian producer of decorative textiles and produces high-quality curtain fabrics, as well as blackouts and incombustible fabrics (Firetex trademark). All products of the company are protected by patents for industrial designs. A number of products of the manufactory have no analogues in the world and are patented as inventions. The company was founded in 1999 as one of the first private textile factories in the country. Production facilities and logistics complex are located in Zelenograd, Moscow. The cost of production is formed in the territory of the Russian Federation and the Republic of Belarus. The head office of the company is located in Moscow, the products are sold in all regions of Russia and on foreign markets. The enterprise is an important player in the Russian light industry and contributes to the implementation of the import substitution policy in the country, producing up to 2,000,000 m of fabric per year at Russian facilities. The company is recognized as the leader in sales of textile products in DIY networks, has awards for “The highest level of service” and has repeatedly won and nominated for Russian prizes. The company is a participant of the INTERFABRIC exhibition and a member of the Russian Union of Entrepreneurs of Textile and Light Industry.