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The construction of a plant to produce medical laboratory equipment of the major German manufacturer, Sarstedt AG & Co. KG, will start in St. Petersburg this autumn. Investments in the first phase of the construction will be about 1 billion rubles, as Maxim Meiksin, chairman of the Committee for Industrial Policy and Innovation of Smolny, told Internet Newspaper on August 1.
Scania, Swedish truck manufacturer, has upgraded its plant in St. Petersburg. On July 23, the company told Fontanka that the Russian enterprise was the first production facility where serial production of new generation machinery assembled from CKD kits has been launched. Its experience will be used in other countries.
South Korean car manufacturer Hyundai will invest about 27 billion rubles in the creation of an automobile engine plant near St. Petersburg. According to Interfax report, this amount was specified in the application for a special investment contract submitted by the company to the Ministry of Industry and Trade.
According to the press service of nVent, Sevkabel, together with EnVent Rus LLC, launched the first production line of self-regulating heating cables of Raychem BTV and Raychem XTV series in St. Petersburg.
According to the RBC’s Friday report, Swedish company IKEA will invest up to 700 million rubles in the construction of a road junction with the Murmansk highway.
Production of Croatian trams may be organized in Saint Petersburg in the near future. The Government of Saint Petersburg is interested in establishment of production of the Koncar electric transport company, said Maksim Meyskin, Chairman of the Industrial Policy and Innovation Committee of Saint Petersburg at the meeting with representatives of the company in Zagreb, according to Interfax.

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