June 3, 2011
Tchaikovsky Textile announces Management Changes
Tchaikovsky Textile announces changes in the holding company’s management and shareholders.
From June 1, 2011, a controlling stake in Tchaikovsky Textile was taken over by an investment company that had not earlier held any textile assets. The investment company bought out all shares of Gennady A. Glushkov, the main shareholder and President of Tchaikovsky Textile Group for the past 20 years.
The new Board of Shareholders has retained continuity in managing the holding company. Evgeny V. Titov who has been with the Company for over 5 years as the Vice President of Development was elected the new President. Ilya L. Stolbov, Vice President in charge of finances, was promoted to First Vice President. Tatiana F. Lavrenchuk who has been with the holding company for over 30 years will remain Production Director of the Tchaikovsky Textile Group.
Gennady A. Glushkov, President Emeritus, will offer expert support to the Company. “Significant changes have recently been going on in the domestic overalls and uniform market: consolidation of market players who now have greater potential to influence the market and enhancement of the management culture. I am positive that new shareholders will boost the Company’s innovations while conserving the best traditions and accumulated experience, breathing new vigor into the Company – in terms of finances and philosophy. On my part, I will try to back up their effort sharing our rich knowledge and experience,” said Mr. Glushkov.
“Bracing itself for innovations, the Company sees the strengthening of partnership relations with leading players of the overalls and uniform market as its main objective. The Company’s enhanced potential will allow the development of a unique niche in the Russian market, combining stability, high quality and permanent availability of stock reserves with flexible terms of supply. Together with our partners we will be able to provide consumers of overalls and uniform with state-of-the-art solutions from domestic manufacturers at competitive prices,” emphasized Mr. Titov.
Impeccable reputation
"Tchaikovsky Textile" Group of companies is the leading Russian producer of fabrics for workwear and uniform. Fast developing and successful holding with almost half a century history. The Group is the successor of Tchaikovsky plant of silk fabrics that started its operations in 1962. Location Production area of the Group occupies 52 hectares and is located in Tchaikovsky city (Perm region – 250 km from Perm and 90 km from Izhevsk).
The company's reputation is confirmed by its 48-year history. We value it, because the quality control is our credo and the company can confidently guarantee it to its clients. The Group includes production facilities consisting of fabrics business, sewing business and wide distribution network. The high production standards are confirmed by international certificates ISO 9001:2000, ISO 14001:2004 and OHSAS 18001:1999.
Tchaikovsky Textile has been the leader in the country's textile industry for 40 years: the company is given status of the "Leader of Russian Economy", it is among best companies in the industry and country. Tchaikovsky Textile fabrics have an excellent reputation and are in demand in all regions of Russia, European countries and CIS (Commonwealth of Independent States).
Professionals value our fabrics and qualify them as best numerous times. Tchaikovsky Textile fabrics have been distinguished with prizes and awards for their high quality and guarantee of safety from Russian and international exhibits, and have been awarded the status of the "Best Domestic Product", "Fabric of the Year" and "Unique Product".
Distribution network
Affiliates network of the Group covers 18 cities in Russia, 4 cities in CIS countries,in addition there are representatives of the Group in Turkmenistan and Uzbekistan.
Logistics
Since December 2009 the logistics structure of the Group was changed: in order to optimize logistics and decrease transportation expenses and improve operational efficiency of deliveriesthe shipping of fabrics started to be executed through two logistics centers – in Balashikha (Moscow region) and in Tchaikovskiy (Perm region). Moscow center serves clients of Central, Southern, North-Western and Volga regions. Tchaikovsky center serves clients from Urals, Siberia and other regions of Russia and CIS.
Modern production
Tchaikovsky Textile constantly improves its technical and technological capabilities in accordance with the latest international achievements.
Nearly 20 million dollars have been invested for a complete technical factory reequipment from 2000 to 2005. This allowed the company to install more than 160 new machines and textile machinery units, create powerful technological lines, equipment of which were supplied and assembled by the world famous manufacturers: Hergeth Hollingsworth , Marzoli, Rieter, Spinnereimaschinenbau spinning equipment; Biancalani, Biella Shrunk, Elitex, Kuesters, Marzoli, Stork, Zellweger Uster, Wakayama finishing equipment.
Thanks to modern equipment the company produces fabrics at the level of the best European standards. High level of production is acknowledged by the international certifications ISO 9001:2000, ISO 14001:2004, OHSAS 18001:1999.
Reliable partners
To guarantee the quality of the end product, we must be sure about the quality of raw materials . Therefore, Tchaikovsky Textile collaborates with the leading manufacturers of fibre and chemical materials.
Tchaikovsky Textile has an exclusive right to use Bekitex antistatic fibres in Russia. Among our partners there are such companies as CHT, Huntsman (Ciba), Clariant, Cognis, DyeStar, Indantrent, Lenzing, Misubishi Corporation, Trevira and others.
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