# Setl Group to build new plant for Zavod Elektroapparat in St. Petersburg

Setl Group will invest over RUB 2.2 billion as investor and technical customer to build a new production facility for Zavod Elektroapparat in the St. Petersburg SEZ. The plant will produce high-voltage electrical equipment.

- Type: New facility
- Announced: 2024-12-25
- Where: SEZ 'St. Petersburg', Novoorlovskaya site, Russia
- Value: $22.0M (2.20B RUB)
- Starts operating: Mar 2026
- Status: under construction
- Products: high-voltage electrical equipment, current transformers, gas-insulated switches, generator circuit breakers, disconnectors, switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Zavod Elektroapparat](https://endata.com/companies/36339.md)
- [Setl Group](https://endata.com/companies/82005.md) (investor)

## Sources

- [interfax.ru](https://www.interfax.ru/business/1000564), 2024-12-25: "Инвестиции в проект составят более 2,2 млрд рублей."

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