On the 16th of June, the city authorities of Saint Petersburg have signed an agreement with Fazer state corporation on the construction of a plant producing quick-frozen and new bread and flour products.
An ambitious project is scheduled to be implemented over the course of 10 years and will be estimated at 14,8 bln roubles, the regional press office told Construction.RU on Thursday.
The city administration has offered a land plot with an area of 22 hectares and located in the Krasnoselskaya industrial zone to be used for the construction site.
Fazer company has invested nearly 300 m euro in Russia. Over 3,000 people are employed at its enterprises in Russia. More than 2,000 of jobs account for the facilities situated in Saint Petersburg.