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2025: The largest polymer pipe manufacturer in the EAEU "Polyplastic" bought 49% of RusIngHydro
In May 2025, it became known that Polyplastic acquired 49% of the shares of RusInzhHydro LLC, a manufacturer of water supply and sewage equipment. In 2024, RusIngHydro's revenue amounted to ₽1,12 billion, and net profit reached ₽81,59 million.
According to Kommersant, after the completion of the transaction, the share of the former sole owner of RusInzhHydro Vyacheslav Korotkevich decreased to 51%. RusIngHydro, founded in 2024, is engaged in the production of polyethylene products, treatment facilities, water treatment systems and composite pipes.
The Polyplastic group explained that participation in the capital of RusInzhHydro is aimed at developing joint projects in the supply of equipment for transport infrastructure facilities. The head of Polyplastic Lev Gorilovsky said that the company does not plan to increase the stake to a control one. Thanks to the integration of competencies and resources, expanded opportunities are expected in the field of small and medium-sized treatment facilities in road construction.
This is the second merger and acquisition transaction for Polyplastic since the beginning of 2025. In February 2025, the group acquired 65% in a former unit of Belgian plastic pipe and fitting supplier Aliaxis. The total capacity of the Polyplastic plants is about 750 thousand tons of products per year. According to ACRA, the group's share in the Russian market in physical terms reaches 40.7%.
In March 2024, Lev Gorilovsky's structure sold 25% of Polyplastic to the Gazprombank fund. Market experts believe that an increase in the share of polymer systems in all categories of housing and communal services networks is inevitable. The cost of the life cycle of polymers is half that of traditional pipe materials, their lower thermal conductivity can reduce heat loss, and by reducing the number of accidents, the cost of utilities is reduced.[1]
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