Shvabe Holding is a holding company within the Russian state-owned Rostec group responsible for development and production of high-tech optical-electronic systems both for military and civil purposes, manufacturing of optical, medical and energy-saving equipment.[1]
Established in 2008, the company was known as JSC NPK Optical Systems and Technologies until October 26, 2012. Its companies manufacture electrooptical equipment, devices and defence systems and hi-tech civil products, such as systems for surveillance, aerospace monitoring and remote sensing, laser systems and facilities, distance gauges, target finders, photolithographic systems, precision elements and nanounits, medical equipment, surveying instruments, lighting equipment and much more. Shvabe manufactures about 6,000 product units supplied to 83 countries.[2]
Since 2011, the holding company is registered in Yekaterinburg.[3][4]
According to Rostec’s plans in 2013, Shvabe will launch an IPO within four or five years.