Translation. Region: Russian Federation –
Source: Moscow Government – Government of Moscow –
Moscow manufacturers of electrical equipment continue to demonstrate high rates of growth in production volumes. From January to August 2024, enterprises in the industry increased production by 11 percent. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.
“Today, Moscow’s electrical engineering industry is represented by more than 130 enterprises – these are both large players with a long history and young companies. The industry employs 17 thousand people. On behalf of Sergei Sobyanin, the city offers manufacturers more than 20 support tools that allow them to expand their production base, create high-tech products and increase production volumes. In the first eight months of 2024, Moscow saw an 11 percent increase in electrical equipment production compared to the same period in 2023. Companies shipped goods worth almost 124 billion rubles to customers,” said Maxim Liksutov.
From January to August 2024, the production of electric motors, generators, transformers and distribution devices, as well as control and measuring equipment, increased by 14 percent, and household appliances by 10 percent. In particular, Moscow industrialists manufactured over 513 thousand chandeliers, about 103 thousand signaling devices and equipment for ensuring the safety of transport infrastructure, and over 67 thousand DC electric motors.
“The positive growth trend indicates that Moscow manufacturers are actively developing new markets and confidently meeting the needs of citizens and businesses for quality products. From January to August 2024, industrialists shipped cable products worth 28.7 billion rubles, generators, transformers, switchgear and control and measuring equipment – almost 67 billion rubles,” said the Minister of the Moscow Government, Head of the Department of Investment and Industrial Policy
Today, industrialists have all the tools to find a site for production with the support of the city, open it in a short time, attract additional investment, purchase the necessary equipment and enter export markets.
For example, the company “SAGA Technologies” is actively developing the electric vehicle industry. Today, the plant produces 11 models of charging stations, which are supplied to 11 regions of the country. In the first eight months of this year, the company has produced more than 300 pieces of such high-tech products, which are used for both personal and commercial use.
This year, the company received the status of a resident of the special economic zone (SEZ) “Technopolis Moscow”, which will allow it to enjoy tax preferences. Thus, companies with a special status are exempt from paying property, land and transport taxes for 10 years, and the profit tax rate for them is only two percent instead of 20.
The capital manufacturer of lighting equipment “Varton” daily produces up to 10 thousand products of any type of lighting: indoor, outdoor, landscape, architectural, street and highway. Products are developed in the company’s own design bureau, including for individual customer needs.
Moscow is the largest industrial and scientific-engineering center of Russia. There are more than 4.5 thousand industrial enterprises in the capital, employing over 750 thousand people. Every year, 150 new technology companies open in the city and dozens of investment projects are implemented, which provide it with additional jobs.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.
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