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Alabuga SEZ BSA (Special economic zone of industrial and production type)

Company

Mechanical and Instrument Engineering
Russia
Volga Federal District of the Russian Federation
Yelabuga
423600, Republic of Tatarstan, Yelabuga municipal district, Alabuga industrial site, Sh-2 str., bldg. 4/1


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Assets

Owners

+ Alabuga SEZ BSA (Special economic zone of industrial and production type)

History

2023: Mishustin allocated 1.2 billion rubles for the development of the industrial park

Prime Minister Mikhail Mishustin signed an order to allocate about 1.2 billion rubles to the Republic of Tatarstan to reimburse the costs of creating and modernizing the infrastructure of the Alabuga industrial park. The corresponding document was published on the official portal of legal acts in mid-December 2023.

According to the press service of the Cabinet, new and modernized infrastructure facilities of the park will achieve the total revenue of residents in the amount of at least 3.1 billion rubles at the end of 2023. It is expected that the total added value of enterprises will be at least 95.3 million rubles, and the projected volume of extrabudgetary investments - 530.8 million rubles.

Alabuga Industrial Park

Residents of Alabuga plan to implement import substitution projects in the field of composite materials, automotive components, polymer processing, stainless steel and hot-pressed pipes, the government added. The industrial park will also train 10,000 specialists a year in mechatronics, chemistry and microelectronics. Alabuga will receive funds from the reserve fund of the Cabinet of Ministers within the framework of the state program "Development of industry and increasing its competitiveness."

The Cabinet recalls that the mechanism of state support for the infrastructure development of industrial parks, technology parks and special economic zones was launched in 2014. The regions receive federal funding based on the selection carried out by the Ministry of Industry and Trade. In order to receive funds for the development of sites, projects should be implemented there in the field of the aviation industry, the automotive industry, light industry, oil and gas and energy engineering, the production of children's goods, and the machine tool industry - more than 30 areas in total.

Government of the Russian Federation Order of December 15, 2023 No. 3652-r

2020: Home appliance manufacturer Haier to open new facility in Alabuga zone

As it became known in mid-October 2020, the manufacturer of household appliances Haier will launch a new enterprise in Tatarstan. The corresponding decision was made after a meeting between the head of the republic, Rustam Minnikhanov, and Sun Zhenhua, CEO of Hayer Industry Rus. Read more here.

2018: Tatarstan transferred 100% of the shares of SEZ "Innopolis" and "Alabuga" for 32 billion rubles

JSC "Special Economic Zones" transferred to Tatarstan 100% of the shares of the SEZ "Innopolis" and "Alabuga." This was reported by the press service of the Ministry of Economy of the Republic of[1]The decision to transfer the shares was made at the end of 2017. Earlier, the Russian government ordered the airless transfer of the property of the joint-stock company to the regions of the Russian Federation.

"According to this decision, the Republic of Tatarstan from the federal JSC" Special Economic Zones "donated about 32 million shares of the SEZ with a nominal value of about 32 miliards of rubles," the Ministry of Economy of the Republic of Tatarstan reports. Prior to that, Tatarstan disposed of 34% of Alabuga shares and 2.28% of Innopolis.

As specified in the department, the transfer of shares from the federal JSC is taking place as part of the reform of the SEZ institute, the essence of which is to completely focus the management of such zones in the hands of the regions.

2015

With the involvement of a loan from the Industrial Development Fund, a new generation of professional power tools will be created: heavy perforators, construction mixers, screw screws, millers and end saws - a total of 24 names.

The share of imports in the professional segment of heavy perforators, construction mixers, battery and network screws, end saws - 100%, millers - 90%. The launch of a new line of products will allow replacing part of the products of European, Japanese and American companies and bring import substitution to 15% of the Russian market for power tools and equipment for the construction industry and housing and communal services. In the Russian Federation, about 70% of all products will be sold, the rest - in the markets of the CIS countries and the European Union.

The basis of the competitiveness of new products is a combination of low cost and the introduction of innovative solutions. Low cost will be achieved through the use of automated equipment, proximity to sources of raw materials and sales markets, as well as the use of relatively inexpensive and skilled labor. Serial production of products with the introduction of innovative solutions, such as the mass use of electronics to control the operation of the electric motor and the use of a brushless (valve) engine, will provide significant improvements in the technical parameters and consumer characteristics of the products.

During the implementation of the project, 142 high-performance jobs will be created on the territory of the Alabuga special economic zone. The company plans to invest 934.4 million rubles in the project, of which the Fund's loan may amount to 500 million rubles. The total cost of the project is 962 million rubles.

Sergei Nazarov, Chairman of the Board of Directors of Interskol JSC: "Last year we decided to significantly increase the share of Russian production and launched the first stage of the state-of-the-art plant for the production of Interskol-Alabuga power tools in Tatarstan. Our new production site will provide up to 40% of import substitution in the most popular groups of power tools (drills, perforators, battery equipment, corner grinders).

The loan of the Industrial Development Fund will allow us to start the second stage - to import technologies into Russia. We will develop and launch completely new products that meet the latest trends in technical thought and market needs. The production site in Tatarstan for the production of these products will be equipped with the most modern equipment, which will increase the production capacity of the INTERSKOL-Alabuga plant and implement the main import substitution tasks formulated by the Russian government. In today's situation, it is the development of industry that is the main engine of economic development. "