FIT and NIK form joint venture to open up Russian Additive Manufacturing market

November 16, 2017

November 16, 2017

FIT and NIK form joint venture to open up Russian 3D printing market

Contract partners: Carl Fruth (left) and Alexander Korneev


FIT Additive Manufacturing Group, Lupburg, Germany, has partnered with Russian research and engineering company NIK Ltd to form a new joint venture company aimed at opening up the Russian market for Additive Manufacturing.

The new company, FITNIK, will be based in Zhukovsky, Russia, with production at the site expected to be fully operational within two years. Zhukovsky, 30 km south of Moscow, is known as an important Russian aircraft centre for scientific research and development. This carefully chosen location is said to be an environment for creative innovation and allows access to excellent engineering expertise and talent.

“Through FITNIK, we gain incredible synergy,” stated Carl Fruth, Founder and CEO of the FIT Group. “Not only are we able to penetrate the Russian market very quickly via access to many target markets, this joint venture also gives us the opportunity to offer our international customers qualified additive engineering at very competitive prices. We are happy to team up with NIK.”

Alexander Korneev, NIK CEO, added, “By creating this joint venture, we are ensuring a robust manufacturing process, incorporating the entire chain of product creation with the help of additive technologies — from designing, according to the customer’s specifications, to production implementation, certification, and post-production support. FITNIK combines the expertise of two leading companies regarding additive design and manufacturing, thereby allowing for the realisation of truly comprehensive services.” 

November 16, 2017

In the latest issue of Metal AM magazine

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Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Metal powders in Additive Manufacturing: An exploration of sustainable production, usage and recycling
  • Inside Wayland Additive: How innovation in electron beam PBF is opening new markets for AM
  • An end-to-end production case study: Leveraging data-driven machine learning and autonomous process control in AM
  • Consolidation, competition, and the cost of certification: Insight from New York’s AM Strategies 2024
  • Scandium’s impact on the Additive Manufacturing of aluminium alloys
  • AM for medical implants: An analysis of the impact of powder reuse in Powder Bed Fusion

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