# Fort to build RUB 7B machine tool plant in St. Petersburg

Fort (F.O.R.T.), a project of Baltic Industrial Company, received special economic zone resident status on April 9, 2024, to build a machine tool plant in St. Petersburg with an investment of 7 billion rubles, producing 150-300 metal-cutting machines per year.

- Type: New facility
- Announced: 2024-04-09
- Where: St. Petersburg, Russia
- Value: $76.0M (7.00B RUB)
- Jobs: 406
- Starts operating: Apr 2026
- Status: announced
- Capacity: 150-300 units of machine tool equipment per year
- Products: metal-cutting machine tools, horizontal boring machines, 3-axis and 5-axis milling machining centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Fort](https://endata.com/companies/76730.md)
- [Baltic Industrial Company](https://endata.com/companies/17640.md) (investor)

## Sources

- [mashnews.ru](https://mashnews.ru/v-peterburge-postroyat-stankostroitelnyij-zavod-za-7-mlrd-rublej.html), 2024-04-10: "The plant will produce horizontal boring machines and three- and five-axis milling machining centers for the space industry, aviation and other areas of mechanical engineering."
- [metalinfo.ru](https://www.metalinfo.ru/ru/news/159923), 2024-10-04: "Комитет по промышленной политике, инновациям и торговле Санкт-Петербурга, АО «Особая экономическая зона «Санкт-Петербург» и ООО «ФОРТ» заключили 9 апреля 2024 года соглашение."

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