# RUSAL and SGK-Invest to build cable plant in Krasnoturyinsk, Russia

RUSAL (50%) and SGK-Invest (50%) formed a joint venture, Bogoslovsky Cable Plant, to build a cable and wire production facility in the Krasnoturyinsk priority development area. The plant will produce oil-submersible cable, flexible aluminum cable, and self-supporting insulated wire, with an investment of 1.083 billion rubles and 90 jobs. Launch is planned for November 2017.

- Type: New facility
- Announced: 2017-03-02
- Where: Krasnoturyinsk, Sverdlovsk Oblast, Russia
- Value: $18.6M (1.08B RUB)
- Jobs: 90
- Starts operating: Nov 2017
- Status: announced
- Capacity: over 64,000 km of cable per year
- Products: oil-submersible cable, flexible aluminum cable, self-supporting insulated wire
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Bogoslovsky Cable Plant](https://endata.com/companies/22573.md)
- [RUSAL](https://endata.com/companies/15292.md) (investor)
- [SGK-Invest](https://endata.com/companies/22572.md) (investor)

## Sources

- [ruscable.ru](https://www.ruscable.ru/news/2017/03/02/RUSAL_zapuskaet_novyj_proekt_na_territorii_operezh/), 2017-03-02: "Именно на появление такого рода проектов и рассчитывал Краснотурьинск, подавая заявку на ТОР."

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