Resident of the SEZ Technopolis Moscow will invest more than 600 million rubles in the creation of an innovation center

The developer of energy-efficient motors and generators, one of the residents of SEZ Technopolis Moscow, Sovelmash company has begun construction of its own innovation center for the design, development of technology and the organization of pilot production of asynchronous motors. Investor will invest over 600 million rubles in construction as informed by Vladimir Efimov, Vice-Mayor of Moscow for Economic policy and Land-property affairs. “The company will develop and manufacture unique energy-efficient motors and generators for specific customer needs. Potential buyers will be manufacturers of housing and public utilities, transport, mining, and energy. The company plans to create about 80 jobs for highly qualified specialists”, said the Vice-Mayor. The complex with an area of more than 14 thousand square meters will include an administrative, accommodation and engineering block, as well as an experimental production site. “The innovation center will be erected within two years at the Alabushevo site of the special economic zone Technopolis Moscow and will perform a wide range of works - from designing solutions to training customer personnel”, added Alexander Prokhorov, Head of the Department for Investment and Industrial policy of Moscow. According to Gennady Degtev, CEO of SEZ Technopolis Moscow the investor has been a resident of the special economic zone since February 2019 enjoying access to tax and customs benefits. “The money saved will be used to carry out additional research and development works, contributing to the accelerated creation and entry into the market of new competitive high-tech products and improving the consumer qualities of existing goods”, he underlined.  ---------------------- Press service of the SEZ "Technopolis Moscow" Phone: +7 916 516-15-46 Mail: pr@technomoscow.ru [ mailto:pr@technomoscow.ru ] Subscribe to the SEZ "Technopolis Moscow" in social networks, follow the main news of the SEZ in telegram-channel [ https://t.me/technopolismoscow ]  and receive all the most important news delivered to your mail in our weekly newsletter [ http://events.technomoscow.ru/subscribe/?utm_source=site_technomoscow ] .