Plastic recycling systems maker Erema said it planned to officially announce the founding of its Russian subsidiary at the Interplastica Moscow trade show, which is being held in the Russian capital at the end of next month.
Austria-based Erema said that Kalojan Iliev, who has been responsible for the CIS territory, will be appointed managing director of the new operation.
Iliev said: "With the foundation of its own subsidiary, Erema is strengthening its presence in what is a very large territory which, due to its history as the Soviet Union and Russian as a widespread language, represents a region of its own.
“This means that Erema is available as a central, Russian contractual partner with local presence and this is not only an advantage in terms of managing the purchasing process, our customers will also benefit from improved service."
Erema's Moscow operation will be the third subsidiary for the firm, after its Chinese and North American facilities.
The company currently has around 50 local representatives around the world and employs 480 people.