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Подписание 02.06.2017
2 June 2017, 12:00

Kirovsky zavod invest about 1.8 billion rubles in production development

In the framework of the St. Petersburg International Economic Forum 2017 Kirovsky Zavod and the Government of St. Petersburg signed agreements for development of turbine construction and tractor production.


The first agreement is focused on a creation of competence center for steam turbine construction for surface crafts and submarines by 2020 (at the premises of Zavod Kirov-Energomash - a subsidiary of Kirovsky Zavod). As an investor, Kirovsky Zavod intends to ensure a project implementation from own funds and external investments. The volume of planned investment for this project is more than 1.5 billion rubles.


The second agreement concerns creation of own production of automated transmissions for farm, road and municipal equipment on the shopfloor of Petersburgsky Traktorny Zavod (a subsidiary of Kirovsky Zavod). The volume of planned investment for this project is more than 266 million rubles.


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