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Swiss chemical concern Sika expects 15% sales growth in Russia

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Swiss chemical concern Sika expects 15% sales growth in Russia

Sika AG, the Swiss manufacturer of construction chemicals, expects sales growth in Russia by more than 15% to approximately 2.3 billion rubles at the end of 2016, follows from the message released by the company.

“The volume of sales for the three quarters of 2016 has reached the annual result for the year 2015 and totaled more than 2 billion rubles”, - stated in it.

The company plans to launch two more production enterprises in Russia until the year 2018, which are planned to be located in the cities of Moscow and Yekaterinburg. Also, Sika intends to significantly expand the range of materials produced in Russia.

As a reference, Sika AG producing construction and industrial chemistry, has sales offices in 90 countries and owns more than 160 enterprises.

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