# BPK-SEVER opens new R&D and production complex in St. Petersburg, Russia

Baltic Industrial Company (BPK) opened a new scientific-production complex BPK-SEVER in St. Petersburg, Russia, for manufacturing metal-cutting machine tools under the F.O.R.T brand. Investments totaled 3.5 billion rubles, with plans for another complex.

- Type: New facility
- Announced: 2017-09-14
- Where: St. Petersburg, Russia
- Value: $60.0M (3.50B RUB)
- Starts operating: 14 Sep 2017
- Status: completed
- Products: metal-cutting machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Baltic Industrial Company](https://endata.com/companies/17640.md)

## Sources

- [promvest.info](https://promvest.info/ru/novosti-promyishlennosti/investitsionnyiy-proekt-stankostroenie-v-deystviiotkryitie-proizvodstvennogo-kompleksa-bpk-sever/), 2017-09-15: "14 сентября 2017 г. состоялось открытие нового научно-производственного комплекса БПК-СЕВЕР (производство российских металлорежущих станков под торговой маркой F.O.R.T)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.