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Committee for Investment of St. Petersburg
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Hyundai Motor Company (HMG) can build their second plant for manufacture of car engines in Saint Petersburg. The negotiations on the possible construction were held in Korea, as reported by the press service of Vice-Governor Igor Albin.
The Unilever Company launched a new production line of shampoos at the Severnoye Siyanie factory in St. Petersburg. This is part of a large-scale investment project involving the launch of 3 new production lines and the reconstruction of a warehouse complex with an area of 20 thous. sq. m. The Unilever Corporation will invest 2.5 bln rubles in this project.
The Kronstadt Naval Factory, a member of the United Shipbuilding Corporation (USC), will establish a joint venture with the Norwegian Bjordal, specializing in the production of fish processing equipment, as Vladimir Maksimov, the Head of the KMP’s project “Fish-Processing Plant Production”, told Kommersant. The new production will be arranged in one of the plant’s buildings. According to Mr. Maksimov, clearing of territory for the future production facilities has started in summer. The territory of the new plant will be of 2.5 thous. sq. m.
The Ensto Group has relocated their heater production facilities from the Finnish Poorvo to St. Petersburg, as reported by, citing the statement of Sergey Zapassky, the Sales Director of the company in Russian and the CIS.
The Finnish Vilakone Oy will localize the production of Wille-branded road cleaning machinery and equipment in Saint Petersburg. The investment project implementation agreement has been signed on Wednesday at the St. Petersburg International Innovation Forum by Georgy Poltavcheno, the City Governor, and Juha Kumlander Tapio, the Finnish company’s manager.
General Electric is considering the possibility to localize its production of electric grid equipment in Russia, as the Company’s statement said.

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