13 September 2012

ESI Group Opens Office in Yekaterinburg, Russia

Paris – 13 September 2012 (BUSINESS WIRE) - ESI Group, pioneer and world-leading solution provider in virtual prototyping for manufacturing industries, announces the opening of an office in Russia on 18 September, 2012. Based in Yekaterinburg, one of Russia’s prime locations for industrial consortia, the newly created ESI team is expected to help develop a portfolio of local clients in various industry sectors. 

Opening of this new office has been motivated by the business growth ESI has achieved in the Russian market over the past decade. In fact, ESI started to distribute its software solutions in Russia more than ten years ago and recently has intensively piloted the Russian market via dedicated staff based in the neighboring Czech Republic. As one of the BRIC countries Russia (along with Brazil, India and China) provides ESI with significant geographical growth opportunity. For the first part of this year these countries collectively accounted for 13% of sales of licenses; in contrast to 10% in 2010/2011 and 11.5% in 2011/2012. 

In the aerospace sector, ESI has built a strong relationship with the Moscow Aviation Institute (MAI) and the Central Institute of Aviation Motors (CIAM); where ESI solutions are used most notably to address industrial challenges linked to development of aircraft engines and the use of advanced composite materials. Other industry sectors well represented in Russia, including Energy, Heavy Machinery, and Automotive also represent a substantial customer base for ESI solutions. Applications of the ESI solutions are diverse but in Russia there has been an especially strong focus on Virtual Manufacturing to address Casting, Sheet Metal Forming, Welding & Heat Treatment and Composites engineering processes, all of which are clearly important to the Russian Industrial Economy. 

ESI key customers in Russian include PK Bezhicky Stateliteyny Zavod, a large machinery company using ESI’s Casting Simulation Suite: ProCAST & QuikCAST; PZ Mashinostroitel OAO (Machinery), Irkutsk Aviation Plant (Aeronautics), the Russian Academy of Sciences based in Yekaterinburg and other leading academic bodies such as theSt Petersburg State Polytechnical University, the Moscow State Technological University STANKIN and the Perm State Technical University (PSTU). 

Already responsible for all sales in Eastern Europe, Mecas ESI will be providing a bridge between ESI’s operations in Western and Eastern Europe. Based in Czech Republic, a country that has kept close ties to Russia, ESI’s Czech subsidiary will fully support establishing the new office in Yekaterinburg. 

ESI is a pioneer and world-leading solution provider in virtual prototyping for manufacturing industries that takes into account the physics of materials. The company employs about 900 high-level specialists worldwide covering more than 30 countries. ESI Group is listed in compartment C of NYSE Euronext Paris. 

Source: ESI