Expert advice of the Ministry of Economic Development awarded ABB , the leading power equipment and technologies in power and automation, with the status of the Special Economic Zone (SEZ ) "Lipetsk" resident.

Today the company has received an official certificate (certifying registration of a person as a resident of a special economic zone on 29.01.2014 , the ) . ABB will invest about $ 20 million in the construction of the SEZ plant for the production of cabinets for low-voltage switchgear and components.

"The ABB project is unique, it opens perspectives which are , no doubt, breathtaking! A few years ago we could not imagine that the world-class company chooses site in Lipetsk for its production. Today, the process of this project is under personal control of the governor of the Lipetsk region - Oleg Petrovich Korolev "- Ivan Koshelev said, CEO of PPT SEZ" Lipetsk».

According to Anatoly Nikolayevich Popov , the president of ABB in Russia, construction of the plant will set up this spring, and the first products - shells for low-voltage devices -are scheduled for 2015.

According to ABB experts , there is a great demand for high -quality low-voltage devices on the Russian market, and more than 60 % of electrical installations in Russia require replacement.

Lipetsk production will meet the strict requirements of international concern for the safety, efficacy and quality control of products.

The project will be the sixth production in Russia and the first plant built "from scratch" .