OFS had announced the start of one more fiber optic cable factory in Maslovski Industrial Zone of Voronezh in Russia. OFS, a wholly-owned subsidiary of Furukawa Electric Co., Ltd in collaboration with its Russian partner Sviazstroy-1 already have a fiber optic cable factory. With the addition of this new fiber cable manufacturing unit, the partners become strong in Russian fiber optic cable supply market.
While giving severe competition to the Russian fiber cable supply market, establishment of new fiber cable factory will provide more job opportunity in Russia. Customers of OFS and its Russian partner Sviazstroy-1 will get advantage of quicker delivery of cables. Joint venture partners commented that with the extra capacity of the new factory they can better serve the growing demands of their customers developing transcontinental telecommunications backbones.
The joint venture between OFS and Sviazstroy-1 was started in 1999. Both partners felt that a capacity expansion was required in 2007 in order to meet the market demands.The second phase of expansion was the construction of a new plant in the Maslovski Industrial Zone of Voronezh. The construction of new cable factory was started in 2012 and continued until 2014. The new location of the fiber optic cable manufacturing facility is an ideal fit for OFS Sviasztroy-1 with Voronezh City Government’s emphasis on attracting and supporting growing, successful and technologically enhanced businesses.
Voronezh is a large, industrial and cultural city located in the central part of Russia (about 500km south of Moscow) with a population of over a million citizens and a developed infrastructure. Each year the city has realized growth in industry, schools and medical centers, along with excellent business opportunities for commercial and individual businesses, attracting more and more residents to Voronezh and the surrounding regions.
New fiber optic cable manufacturing unit will create new jobs directly while providing opportunities for indirect employment to many others by creating new businesses to support this cable factory. This includes supply of materials, wooden drums, packing materials etc.