More than 800 million investments with the creation of 311 jobs: the results of the Supervisory Board of SEZ «Novgorodskaya»

Four companies were presented at the meeting of the Supervisory Board of SEZ «Novgorodskaya», which was held as part of the Investment Council under the Governor of the Novgorod region. Total investments in the region will amount to about 869 million rubles with the creation of 311 new jobs.

For example, «Novye trubi» JSC will create in the SEZ «Novgorodskaya» the production of polyethylene pipes for the construction of engineering networks. The investment volume will amount to 300 million rubles, 86 new jobs are planned to be created. The resident will occupy 7,5 thousand square meters in the production building, as well as 20 000 square meters of the open storage warehouse. The launch of production is planned in the fourth quarter of 2024, reaching design capacity – in 2025.

KhST Ltd. plans to create in SEZ «Novgorodskaya» production of super concentrates and functional additives on the basis of polymers. The production capacity will be 8 thousand tons per year. The volume of investments will amount to 291 million rubles, 128 new workplaces are planned to be created. The resident will occupy 2,3 thousand sq.m. in the production building, as well as 3 000 sq.m. in the open storage warehouse. The launch of production is planned in I quarter of 2024, reaching the design capacity – in 2028.

Elcom Group will organize the production of electric hot air boilers in SEZ «Novgorodskaya». The planned production capacity at the first stage will be 36 thousand pieces per year. The resident will occupy 5.2 thousand square meters in the production building. The volume of investments will amount to 152 million rubles, it is planned to create 43 new jobs. It is planned to start production in the first quarter of 2024, and in the third quarter to reach full production capacity.

Energotek will launch the production of cable protection systems in the SEZ Novgorodskaya. The investments will amount to 126 million rubles, it is planned to create 54 new jobs. The resident will occupy 5,2 thousand square meters in the production building, as well as 7 500 square meters of open storage. The launch of production is planned in the IV quarter of 2024, to reach the design capacity – in 2025.

If the company successfully passes the expert council, it will receive the status of a resident of the special economic zone.

«We are satisfied with the results of the investment council. We have four residents, which in their development have already reached the moment when they need a little help to become big, – commented the director general of SEZ «Novgorodskaya» Artur Ayupov. – Companies will have many times more production capacity and revenue. In today's difficult conditions it is very difficult to grow by 4-5 times. The SEZ «Novgorodskaya» is the very instrument that allows increasing additional capacity with savings on CAPEX and make a qualitative leap in the development of the company».

Also at the investment council a project of world-class campus in Veliky Novgorod was presented. Let's remind that in 2022 it was declared that the application of SEZ «Novgorodskaya» for its construction was highly appreciated by experts and was selected at the meeting of the Interdepartmental working group. The total cost of the project is 10 billion rubles, of which 6 billion is a subsidy from the federal budget.

SEZ «Novgorodskaya» was created under the management of SEZ «Alabuga» in 2021 as a result of signing a cooperation agreement between SEZ «Alabuga» and the Novgorod region.

SEZ «Novgorodskaya» has a unique location between Moscow and St. Petersburg, which, combined with the use of investment attraction and management experience of «Alabuga» makes the new SEZ «Novgorodskaya» even more attractive for investors and the state. Alabuga's use of the world's best practices contributes to the active and effective development of the site, creating a favorable investment climate for the development of industry in Russia.
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