The Locksmith Journal Mar-Apr 2015 - Issue 37 | Page 14

14 • industrynewS Russian hardware giants poised to make an impact in the UK »»24 years ago a Russian gentleman named Andrey Goncharov set up a hardware manufacturing business, APECS, through his hard work and entrepreneurial skills this company quickly grew into the largest hardware manufacturing company in Russia. Following the collapse of the Soviet Union and the uncertainties caused by currency fluctuations and political turmoil as Russia moved to a market economy APECS not only survived but went on to expand into one of the most internationally respected companies. APECS has a loyal workforce committed to helping Andrey achieve his vision for the future and he comments: “Many of our employees have worked for APECS since our doors first opened for business in 1991 and it’s reassuring to follow how they have passed invaluable skills and knowledge to the up and coming generation, many of our employees already have their sons and daughters working with us.” The success story does not end there however, for Andrey was quick to realise that China was not only going to become a major manufacturing centre, but also would provide a vast customer base. With this in mind Andrey sets up the APECS manufacturing base in China in 1995 with his friend [