1/31/2011 6:14 AM EST
Rakla and YIT have signed a letter of intent with the intention of constructing a new safety glass and multiple glass unit (MGU) plant to St. Petersburg. The new factory will provide approximately 8,000 m2 and employ about 80 employees. The factory building will be constructed by YIT and the operation is aimed to start during 2013.
This letter of intent signed between Rakla and YIT is a significant step for the future of Rakla. By means of it we aim to construct in St. Petersburg the most modern European safety glass and MGU plant. For about 4 years we have been investigating different possibilities to integrate in the growing market of Russia. As result of these investigations we came to the conclusion that YIT will be able to provide the best overall solution for the construction. The location in Gorelovo is excellent and all necessary infrastructure is there in place to guarantee a successful project and start of the business.
The competitive knowledge is based on exclusive know-how and modern technology. The personnel for the new factory will be trained at Rakla’s sites in Finland. As a bridgehead, the St. Petersburg plant together with YIT, will open up magnificent opportunities to develop new solutions to build energy-efficiently and to add to the safety of the built-up environment.
By its turnover, Rakla is the biggest glass processor and wholesale business...