A TENANT OF SEZ TECHNOPOLIS MOSCOW SPENDS OVER 200 MILLION RUBLES TO CONSTRUCT A NEW AUTOMOBILE ELECTRONICS PLANT

The company D-Y-Technologies will set up an import-substituting production of automobile electronics at Alabushevo site in Zelenograd spending more than 200 million Rubles on the project. The construction is to start at the end of the year, informed Vladimir Efimov, Deputy Mayor of Moscow for economic policy and property and land relations.

“The new plant will supply automobile electronics to mass segment of the market - car producers, telecommunication companies, large operators of car parks. Total investment will amount to over 200 million Rubles operating at full capacity by 2023 and thus creating more than 60 new working places”, informed Vice-Mayor.

The plant with a total area of 2100 sq.m. will be constructed on a plot of 0.45 ha. The construction will be launched at the end of 2020 going into operation in the first quarter of 2022. The new plant will output multimedia devices and videogames for a wide range of car models.

“The plant of D-Y-Technologies will carry out full complex works from the production of PWB on its own advanced SMT-line to the assembly, testing and packing of ready-to-use units fully compliant with the requirements of sectoral standards”, pointed out Alexander Prokhorov, Head of the Department of investment and industrial policy of Moscow.

 

He also added that in Zelenograd there is National Research University of Electronic Technology (MIET) close to the future plant which will ensure study placement for students right at the enterprise with a view to further recruitment.

“The company is going to avail of all preferences of a resident company in the special economic zone like rental, tax and customs benefits. Saving up to 47 per cent annually on taxes and other compulsory payments allows to direct funds to production business arrangement, proper quality control, energy saving, personnel safety and environment protection”, said Gennady Degtev, CEO of SEZ Technopolis Moscow.