OFS Sviazstroy-1 Opens New Fiber Optic Cable Factory to Serve Customers in Russia and the Commonwealth of Independent States Better

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Mar 24, 2015, 09:23 ET

VORONEZH, Russia, March 24, 2015 /PRNewswire/ -- OFS, a wholly-owned subsidiary of Furukawa Electric Co., Ltd., and Sviazstroy-1 are pleased to announce the opening of their new optical fiber cable factory in the Maslovski Industrial Zone of Voronezh, Russia.

"Today OFS Sviazstroy-1 is one of the top Russian optical fiber cable factories," said Vladislav Kalashnikov, General Manager of OFS Sviazstroy-1. "This new factory is expected to create additional jobs and will increase the joint venture's manufacturing capacity significantly."

"With the extra capacity of the new factory, we can better serve the growing demands of our customers developing transcontinental telecommunications backbones," said Michael Pavlychev, Managing Director for OFS Russia and CIS.

The joint venture, founded in 1999, was created by OFS and Sviazstroy-1. Capacity expansion was required in 2007 to meet the market demands.

The second phase of expansion was the construction of a new plant in the Maslovski Industrial Zone of Voronezh from 2012 to 2014.

"The new location of the fiber optic cable manufacturing facility is an ideal fit for OFS Sviazstroy-1 with Voronezh City Government's emphasis on attracting and supporting growing, successful and technologically enhanced businesses," said Kalashnikov.

Voronezh is a large, industrial and cultural city located in the central part of Russia (about 500km south of Moscow) with a population of just over a million citizens and a developed infrastructure. Each year the city has realized growth in industry, schools and medical centers, along with excellent business opportunities for commercial and individual businesses, attracting more and more residents to Voronezh and the surrounding regions.

About OFS Sviazstroy-1

OFS Sviazstroy-1 Cable Company specializes in development and production of fiber optic cables for the telecommunication industry. It is the only Russian manufacturer that uses cabling technology licensed from OFS, a world recognized leader in the design and manufacture of optical fiber and fiber optic cables.

OFS (majority shareholder of joint venture) is a recognized leader in research, development and production of new, cutting edge technology products, optical fiber, fiber optic cables, connectivity solutions and specialty products for wide application in various industries worldwide.

Sviazstroy-1 (minority shareholder) specializes in design, construction, delivery and product installations in communications, radio, television, and computer commercial and public facilities.

For more information visit www.ofssvs1.ru.

SOURCE OFS