Saturday, July 21, 2018

Sverdlovsk Region sets up three new technological parks

The Sverdlovsk Region is now home to 12 technological parks, after three new parks were recently added.

The three new parks employ approximately 1,000 people in total, Ural Business Consulting reports.

Academic Innovation & Technology Center, which has 14 tenants, was give technological park status, as was Instrument-Making Park's management company, which has six tenants. Energy Technological Park is the third to gain technological park status and boasts four tenants.

"The new technological parks' residents produce aluminum and brass spare parts, nano-dispersed non-ferrous alloys powders, corrosion-resistant substances, alloyed steel additives, and metallurgical equipment, among other things," Sverdlovsk Region Minister for Industry & Science Vladislav Pinayev said, Ural Business Consulting reports.