10 Years SCHOMBURG in Russia

In October 2006, the Russian subsidiary of the SCHOMBURG group, SCHOMBURG-ER Ltd., celebrated its 10 Year Anniversary with founders Albert Schomburg and René Karolyi. In their speech Albert Schomburg and René Karolyi thanked the employees for their hard work and dedication to the company, which made it possible to reach this milestone. Additionally the financial reports for the first three quarters of 2006 were announced.

The expansion of the SSB-CCC Production-Partnership is planned for the coming year. This is a system of production which allows foreign subsidiaries to produce powder products using local raw materials, while still guaranteeing the same quality as the products produced in Detmold, Germany. This creates major cost saving by reduced freight and customs charges. The first SSB-CCC System has been in place since the middle of September 2006 at a plant in Metrobeton, St. Petersburg. Additionally intentions are fo-cused on increased activity in the industrial centers of the Russian Federation through the addition of technical sales representatives and partners.