# Baltic Industrial Company to build metal-cutting machine plant in St. Petersburg

Baltic Industrial Company (BPK) will invest 7 billion rubles to build a new plant for heavy metal-cutting equipment in St. Petersburg's special economic zone. The plant will have a capacity of up to 1,000 machines per year.

- Type: New facility
- Announced: 2023-06-16
- Where: St. Petersburg, Russia, Russia
- Status: announced
- Capacity: 500 to 1,000 machines per year
- Products: vertical milling machining centers, five-axis metalworking centers, horizontal boring machines, portal milling machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [newprospect.ru](https://newprospect.ru/news/articles/stanok-na-milliard-v-peterburge-postroyat-zavod-metallorezhushchego-oborudovaniya/), 2023-06-16: "Создание станкостроительного предприятия в Северо-Западном регионе позволит восстановить ранее утерянные компетенции по производству сложного технологичного оборудования."

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