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Construction materials provided by Russia for the European Bank for Reconstruction and Development (EBRD)

EBRD backs construction of a €38 million greenfield brick plant by Wienerberger Kirpitsch, a fully-owned Wienerberger AG subsidiary, in Russia, to the tune of €13.3 million. The bank's financial support comprises a €2.5 million equity investment and a €10.8 million loan to the company.

Construction elements for EBRD funded by Russia
Construction elements for EBRD funded by Russia

Construction materials provided by Russia for the European Bank for Reconstruction and Development (EBRD)

In a significant move bolstering the Eastern European brick market, Wienerberger Kirpitsch has announced the opening of a state-of-the-art brick plant in Russia, located near Kiprevo, 120km north-east of Moscow. The project, supported by the European Bank for Reconstruction and Development (EBRD), has received a total investment of €13.3 million, comprising a €2.5 million equity investment and a €10.8 million loan.

The new plant, expected to be fully operational by the end of 2007, will produce both facing bricks (120 million standard units annually) and hollow bricks (220 million standard units annually). With this capacity, the plant aims to address both domestic and regional demand efficiently, focusing primarily on the high-demand region of Moscow.

The plant utilises advanced technology and automated production lines, ensuring high-quality ceramic bricks suitable for various construction purposes, including residential and commercial buildings. The product range typically includes facing bricks, clinker bricks, and other specialized bricks.

Wienerberger Kirpitsch intends to target the Russian construction industry and neighbouring CIS countries, leveraging the growing demand for durable building materials in the region. By strengthening its position in the Eastern European brick market through this facility, the company aims to offer high-quality products and gradually increase its output and market share in the coming years.

The construction of the plant began in the early 2010s, and it became operational around 2014-2015. Since inauguration, it has undergone several expansions and modernization efforts to enhance capacity and product quality. The total project costs are estimated to be €38 million.

For more specific or updated information, such as current production volumes or corporate strategies, checking Wienerberger’s official publications or recent news releases would be helpful.

Emerging markets, such as the Russian construction industry and neighbouring CIS countries, are attractive for investing in business, with Wienerberger Kirpitsch focusing on the growing demand for durable building materials. This focus is apparent in the company's real-estate ventures, like the state-of-the-art brick plant in Russia, which produces a variety of high-quality ceramic bricks suitable for diverse industries, from residential to commercial finance. With the production capacity aiming to cater to both domestic and regional demand, Wienerberger Kirpitsch aims to increase its market share in the Eastern European market over the coming years.

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