Russian branch of Sika, a Swiss chemical group producing construction materials, has increased its net profit in the first half of the year 2016, compared to the similar period of the previous year.
The figure grew by 24,8%, up to $246m, as is noted in the company’s statement.
Sales revenues of Sika’s Russian branch have grown by 15%, up to $1,5 bln, compared to the similar period last year.
Sika is a producer of construction and industrial chemical materials. The company has sales offices in 86 countries and owns over 160 enterprises. In Russia Sika has been operating since the year 2003 and owns three plants producing concrete components and one plant producing dry construction mixes. The Swiss company also has five branches.