Beneq, a Finland-based provider of equipment for advanced thin-film coatings, has announced plans to establish a subsidiary in Russia and set up operations in the Commonwealth of Independent States (CIS).
The company has projected a rapid increase in business in Russia in the coming years and the subsidiary will be set up in order to serve local customers.
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Furthermore, the move is in line with the company’s strategy to expand into existing and emerging markets. Its strategy has received support from the state-owned Rusano Corporation which made a €25 million investment in the company earlier this year in April.
In addition to the planned subsidiary, Beneq has also announced plans to open an application development and service laboratory called AppLab in order to promote and implement cutting-edge thin-film technologies and create globally competitive products and industrial solutions for Russia and global markets.
Beneq’s CEO Sampo Ahonen stated: “Establishing a local office in Russia is a definite and very concrete move in providing our customers with the best possible services. It is also a step in Beneq’s long-term plan of gaining a leading position in industrial production and laboratory equipment for nano-scale thin films and functional coatings in Russia.”
Ahonen added: “The AppLab service, which is unique in its kind, is a natural element in our strategy to not only focus on selling equipment, but to also work in partnership with universities, research institutes and industrial enterprises. Our involvement in thin film research is already extensive, which has helped us become pioneers in many challenging coating disciplines, e.g., Roll-to Roll and plasma-enhanced ALD, as well as industrial coating scale-up.”
“And concerning thin-film research in Russia, we certainly do acknowledge the decisive and early contributions to ALD made by Russian scientists like V.B. Aleskovskiy and S.I. Koltsov, and foresee fruitful collaboration with the legacy of their work, today present in many research facilities throughout Russia.”