The ceremony of laying the foundation stone for construction of logistics centers Lapp Group in Russia

On October 9, 2014, an important event in the life of the company took place - the ceremony of laying the first stone in the construction of logistics centers Lapp Group in Russia.

Chapter board of Lapp Holding AG, Mr. Andreas Lapp, visited Samara to personally take part in the ceremony. Construction of logistics centers is an important milestone in the development of the company in Russia, in an effort to be closer to our customers, improving the quality of our service.

 The significance of the construction of a logistics center in Samara confirmed support for the project from the City Administration. At the groundbreaking the ceremony was attended by the heads of the Department of Industrial Policy and Entrepreneurship Support GO Samara Dovzhik E.V. In her welcoming speech, Elena Vitalyevna noted that for Samara construction of office and logistics center such as a large European company Lapp Group is very important as a special business culture that distinguishes and highlights Lapp among others, bring contributions to the economic component of the region as a whole, as well as become a benchmark for future employees of the company, which will carry out the activities of the center.

Mr. Lapp, in turn, said that despite the difficult economic situation in Europe, the company is not afraid to invest in a large project as absolutely confident in its implementation.

Recall an investment agreement with the Administration of the city of Samara which was signed in the spring of 2014. Entering the Logistics Centre is scheduled for December 2015. New building with total area of 4500 sq.m. will significantly increase the volume of stocks of products Lapp Group, and thus significantly reduce the time of delivery to all regions of the Russian Federation.

Subsidiary of the Lapp Group in Russia was founded in 2008 and it was not accidental in Samara. The holding has long explored the economic prospects of European regions, paying particular attention to the logistics infrastructure. It should be noted that Samara is one of the main transport hubs in the heart of Russia. The city combines all possible transportation routes (air, land, water). Besides, Samara and Stuttgart, where the central office holding Lapp Group, are sister cities.

Director of General Lapp Group in Russia, Pavel Malyshev, is confident that close cooperation with the local authorities are now at the stage of construction and it will help to solve related issues and successfully implement the project: "Exactly in one year the logistics center will be built, and we will all be present at the official opening. Iconic that the opening will also be timed to the 10th anniversary of Lapp Group in Russia."

About Lapp Group:

Company Lapp Group, headquartered in Stuttgart, Germany, is a leading provider of system solutions, cabling and wiring products and accessories. The range of the company includes power cables, control and management of fiber optic cables, industrial electrical connectors, integrated cabling solutions, accessories for automation technology and equipment. Major markets of Lapp Group are Machinery, equipment and technology; In addition, the rapidly expanding boundaries of the renewable energy market, electric and Biomedical Sciences.

Lapp Group Company was founded in 1959 and is still a family business. In the 2012/13 financial year, total sales were 830 million euro. Lapp Group has 18 production sites, 40 subsidiaries and about 100 partners worldwide, 3200 employees.