Investments in Moglino SEZ medical devices production will reach 1.7 billion rubles

| By | Investments, Medical Devices Manufacturing, Moglino SEZ

A plant for manufacturing of medical devices, in particular, the containers for collection of biomaterials, is scheduled for construction in 2019 in Moglino Special Economic Zone (SEZ) located in the Pskov region.

The investments will reach 1.7 billion rubles, said Sergey Polishchuk, the representative of the investor and Executive Director of Moglino Plant of Medical Devices LLC.

“We are planning to invest 1.7 billion rubles and create 100 new jobs. The construction of the plant will be completed in 2019, and its planned production capacity will be 22 million devices a year,” said Mr. Polishchuk.

He also added that, at the same time, the company will work in other areas.

“For example, we will be engaged in the development of pharmaceutical manufacturing. To do this, we are also building a lab in Moglino,” said the investor.