Central regions | Finance, business | Industry, manufacturing

Moscow investors buy into rollers that really last

20 Sep '16
The Moscow Seed Fund teamed up with Oleg Evseenkov, a Russian private investor, to back the Rollcon, an innovative project developing advanced solutions for modern conveyor belts, Russia’s RVC announced. GSP, the Russian developer behind the effort, has received just under $108K in investment.

The company has come up with a new type of repairable roller with a modified ball bearing system and replaceable plain and roller bearings. The entire product is made of modified thermoplastic polymers, which is expected to increase the service life of all components dramatically compared to the existing international competition.

All the components in the Rollcon roller system are interchangeable to suit a variety of diameters and lengths of items to transport, which should reduce warehousing costs and help change conveyor rollers fast without buying an entire unit anew.

In its production and marketing strategy GSP is reported to bet on inexpensive outsourcing systems to interact between suppliers and distributors. The company is also strategizing for fast international expansion and a rapid growth of value.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations: Moscow

Tags: Moscow Seed Fund (13) / ball bearings (0) / Rollcon (0) / Oleg Evseenkov (0) /

Latest News: Central regions
23 May '17 | Energy, utilities | Technology & innovation
22 May '17 | Materials, extraction | Technology & innovation
19 May '17 | Technology & innovation
18 May '17 | Technology & innovation
16 May '17 | Finance, business | Technology & innovation
 

Feature stories

17 May '17
Russian biologists and biophysicists are said to have...
21 Apr '17
6 Mar '17
Developing a photonic computer, a technology that...
Search (News archive - 21084)
Advertising
RB_Partners_Venture_Report2016
Advertising
GCV_Symposium
Advertising
Why Russians do not smile
Advertising
Nano & Giga Symposium
Advertising
UNN

Latest News

23 May '17
A collaborative team from Russia’s MSU University and...
22 May '17
Physicists at Moscow’s Lomonosov MSU and...
19 May '17
Russian scientists at MSU, the top Moscow university,...

Most read stories from last week

22 May '17
Physicists at Moscow’s Lomonosov MSU and...
23 May '17
A collaborative team from Russia’s MSU University and...