# Virial opens large-scale cutting tool plant in St. Petersburg

Virial launched a new production facility for metal-cutting tools in St. Petersburg, Russia, with total investment of 1.25 billion rubles. The plant will produce up to 6 million carbide inserts and 120 tons of tool blanks annually.

- Type: New facility
- Announced: 2025-04-23
- Where: St. Petersburg, Russia
- Value: $13.5M (1.25B RUB)
- Starts operating: 23 Apr 2025
- Status: completed
- Capacity: 6 million carbide inserts and 120 tons of tool blanks per year
- Products: metal-cutting tools, carbide inserts, tool blanks
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Virial](https://endata.com/companies/38123.md)
- [Industrial Development Fund](https://endata.com/companies/3818.md) (investor)

## Sources

- [spbtech.ru](https://spbtech.ru/en/media/gorod/prioritety-spb/6/zavod-brosil-vizov-importnoi-zavisimosti), 2025-04-23: "The new enterprise is capable of replacing up to 40% of imports in a strategically important industrial sector."
- [www1.ru](https://www1.ru/en/news/2025/04/23/imortozamestiat-kitaiskie-i-koreiskie-stanki-v-peterburge-zapustili-krupneisii-zavod-dlia-stankostroi.html), 2025-04-23: "Today, the 1000th new production facility has been launched with the participation of the Industrial Development Fund."
- [mashnews.ru](https://mashnews.ru/otechestvennoe-na-kitajskom.-v-peterburge-lokalizovali-proizvodstvo-instrumenta-dlya-stankov-s-chpu.html), 2025-04-24: "Юбилейным стал проект компании «Вириал», запустившей в серию режущий инструмент, востребованный в ключевых отраслях промышленности."

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