Lewa GmbH: New subsidiary in Russia
The contract signing took place in Moscow at the end of April 2015
The official contract signing in Moscow at the end of April of this year marked the transition from a joint venture of Lewa GmbH, which had been in effect since October 2011, to a fully fledged subsidiary. The managing directors of Lewa, Stefan Glasmeyer and Martin Fiedler, were on-site, as was Nella Vitalyevna Maloshenko, the signatory for the joint venture partner. The complete acquisition of the company paved the way for the Leonberg, Germany-based pump manufacturer and system integrator to invest in the expansion of the subsidiary and to improve its position in Russia. In this region, the main focus is on the oil and gas market, but the process industry also plays an important role. The new structure will enable Lewa to fulfill its wish of better serving the requirements for pump and system operations in the region. At the same time, Lewa plans to expand the on-site service capacities.
At the end of April this year, the Russian joint venture of Lewa GmbH became a fully fledged subsidiary. The managing directors from Lewa, Stefan Glasmeyer (left image, 2 from the right) and Martin Fiedler (1 from the left), were on-site for the contract signing in Moscow. The joint venture partner was represented by Alexey Ulitko, Igor Bichev and Andre Stadler (the rest are pictured from left to right).
Lewa GmbH
"Through our own subsidiary, we will be able to create more added value in the region, which our customers there greatly appreciate. Therefore, the contract signing will help us improve our market position over the long term," exclaims Glasmeyer, explaining the effects of the acquisition that was negotiated 18 months earlier.
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