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The authorities of the Leningrad region plan to sign this year an agreement with a China’s manufacturer of light commercial vehicles to create a plant in the region.
Ikea will invest RUB 23 bln in the third Mega trade complex in Leningrad Region.
The German IREKS and Trier-spb (affiliated with IREKS - IF) will build a plant for production of bread ingredients in the Greenstate Industrual Park (settlement Gorelovo of the Leningrad Region), Maksim Sobolev, Commercial Real Estate Director of JSC YIT Saint Petersburg (manages the park), told journalists on Thursday.
Next year, Finnish tyre manufacturer’s Nokian Tyres factory in Vsevolzhsk will raise the number of production lines up to 14, increasing capacity by 1.5 mln tyres per year
IKEA Centers Russia managing IKEA and Mega trade complexes selected a site for construction of the third shopping complex in the Leningrad Region. The company is buying a site in the Anninskoye settlement of the Lomonosov District, negotiations regarding which have been conducted since 2015. The new shopping center may be the largest one of the IKEA Group in Russia, one of the Vedomosti’s sources familiar with the plans of the company says. 
The Chinese Guangzhou Automobile Group Motor Co. (GAC Motor, part of GAC Group) may build a plant to produce light commercial vehicles (LCV) in the Leningrad Region, a source in the car building industry told Interfax. He did not uncover any details. The Chinese producers are interested in an opportunity to place the production in the region, Deputy Chairman of the regional government Dmitry Yalov confirmed. According to him, negotiations are being conducted with one of them. The official did not mention the name of the company. GAC Motor is looking for a site for production location, a representative of the Fedorovskoye industrial park said. 

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