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How German company Fischer runs business in Russia

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How German company Fischer runs business in Russia

Stuttgart. Our special correspondent Alexey Nevsky. On March 13, in the village of Tumlingen near Stuttgart located in the German state of Baden-Württemberg, a meeting was held at the Fischer plant between the company’s management and Russian journalists, who arrived there within the framework of a press tour.


Honorary Professor, Honorary Senator, owner and CEO of the group of companies, Klaus Fischer, told the journalists about the story of the company and its operations. According to him, at present, his company has offices in 46 countries, including Russia.

Its turnover reached $775 million euro last year.

Answering the question of our correspondent about his expectations regarding the Russian market, Klaus Fischer said that the market was interesting, but, unfortunately, entrepreneurs worked and negotiated faster than politicians did. However, he stressed, despite this fact, the company’s managers were looking at Russia with optimism.

Andrey Egorov, CEO of Russian subsidiary of Fischer company, told about the office’s operation over the 10-year period. In particular, he drew attention to the company's participation in the construction of such important objects as Zenit Arena in St. Petersburg, Voronezh nuclear power plant etc. The same day, the journalists visited the factory, which produces plastic and metal fixing systems of general purpose.

As a reference: Fischer company was founded in 1948. Today, it produces fixing systems, products for the automotive industry and construction kits for children on the different plants, as well as provides consulting services.

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