# Sevkabel to invest 2 billion rubles in new cable production site in Tolyatti

Production Company Sevkabel will invest 2 billion rubles to move part of its production from St. Petersburg to Tolyatti, Russia. The new site in the Tolyatti advanced development territory will start operations in 2021, producing low-voltage wires, medium and high-voltage cables, and in-house cables.

- Type: Expansion
- Announced: 2019-04-18
- Where: Tolyatti, Samara Oblast, Russia
- Value: $31.0M (2.00B RUB)
- Starts operating: 2021
- Status: announced
- Products: low-voltage wires, medium and high-voltage cables, in-house cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Sevkabel](https://endata.com/companies/38815.md)
- [Roskat](https://endata.com/companies/35373.md) (investor)

## Sources

- [tlt.ru](https://tlt.ru/business/peterburgskij-zavod-chastichno-pereedet-v-tolyatti/2117201/), 2019-04-18: "Производственная компания (ПК) «Севкабель» вложит 2 млрд руб. в перевод части производства из Петербурга в Тольятти."

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