The revenue of residents of the Saint Petersburg Special Economic Zone over 20 years amounted to 600 billion rubles
In 2026, the Saint Petersburg Special Economic Zone will celebrate its 20th anniversary. The agreement to establish the technology-innovative SEZ was signed between the city of Saint Petersburg and the Russian Ministry of Economic Development on January 18, 2006.
Since then, residents have invested 165 billion rubles, and 8,029 new jobs have been created at resident enterprises. The companies' combined revenues reached 600 billion rubles, while tax revenues totaled 85.3 billion rubles, of which 31.4 billion rubles went to the regional budget.
Saint Petersburg Governor Alexander Beglov: "Advanced industry and entrepreneurship development are among the ten key priorities for Saint Petersburg's development in the coming years. By 2030, we plan to increase the number of industrial and technology parks to 30 actively operating sites and open at least 20 new industrial enterprises. Over the past 20 years, our special economic zone has become a key center for St. Petersburg's industrial development. Residents' growing capital investment is a key indicator of the project's and St. Petersburg's overall investment attractiveness. These strong results were achieved primarily by creating favorable conditions for high-tech businesses, expanding the SEZ's territory, and constructing modern infrastructure.
In 2025, SEZ residents invested over 38 billion rubles, a 78% increase from the previous year. Among the companies that invested the most were BIOCAD JSC and Pharmasyntez-Nord JSC.
According to Alexey Torgov, Vice President of Corporate Relations and Communications at BIOCAD, the company's funds were used to further develop the research and production complex, including expanding and modernizing production infrastructure, conducting large-scale research and development, and expanding intangible assets and the intellectual property portfolio. "The investments have strengthened the company's production base and expanded its portfolio of in-house biotechnological developments. The company continues to systematically invest in high-tech drug production and the development of innovative biopharmaceutical solutions," commented Alexey Torgov.
Pharmasintez-Nord JSC invested in purchasing equipment for its drug production complex at the Novoorlovskaya site, as well as in R&D projects.
The companies' revenue for the period amounted to 102 billion rubles, a 12% increase compared to the 2024 target. The largest revenue earners were JSC Biocad, JSC Vertex, and Pantes LLC. Residents paid 13.6 billion rubles in taxes across all levels of the Russian tax system, an 8% increase compared to the 2024 target.
Kirill Polyakov, Vice Governor of St. Petersburg, said, "These results confirm that the Special Economic Zone is an effective platform for developing high-tech businesses. Consistent support for innovative enterprises remains one of our key priorities.
Alexander Sitov, Chairman of the Committee on Industrial Policy, Innovation, and Trade, said, "The Special Economic Zone is currently the most effective mechanism for supporting high-tech industries in St. Petersburg. This is confirmed by the results achieved over the past six years, which account for 75% of the total investment volume over the entire period of the SEZ's operation, as well as over 85% of the total tax revenues for all levels of the Russian Federation budget system, including the regional budget. Furthermore, the current SEZ development concept includes not only the preparation of engineering infrastructure for residents to build their businesses but also the construction of ready-made production facilities within innovation centers at three of the four sites. The total area of all facilities will be 116,000 square meters and will be available for lease for investment projects by SEZ residents in high-tech priority industries."
Since then, residents have invested 165 billion rubles, and 8,029 new jobs have been created at resident enterprises. The companies' combined revenues reached 600 billion rubles, while tax revenues totaled 85.3 billion rubles, of which 31.4 billion rubles went to the regional budget.
Saint Petersburg Governor Alexander Beglov: "Advanced industry and entrepreneurship development are among the ten key priorities for Saint Petersburg's development in the coming years. By 2030, we plan to increase the number of industrial and technology parks to 30 actively operating sites and open at least 20 new industrial enterprises. Over the past 20 years, our special economic zone has become a key center for St. Petersburg's industrial development. Residents' growing capital investment is a key indicator of the project's and St. Petersburg's overall investment attractiveness. These strong results were achieved primarily by creating favorable conditions for high-tech businesses, expanding the SEZ's territory, and constructing modern infrastructure.
In 2025, SEZ residents invested over 38 billion rubles, a 78% increase from the previous year. Among the companies that invested the most were BIOCAD JSC and Pharmasyntez-Nord JSC.
According to Alexey Torgov, Vice President of Corporate Relations and Communications at BIOCAD, the company's funds were used to further develop the research and production complex, including expanding and modernizing production infrastructure, conducting large-scale research and development, and expanding intangible assets and the intellectual property portfolio. "The investments have strengthened the company's production base and expanded its portfolio of in-house biotechnological developments. The company continues to systematically invest in high-tech drug production and the development of innovative biopharmaceutical solutions," commented Alexey Torgov.
Pharmasintez-Nord JSC invested in purchasing equipment for its drug production complex at the Novoorlovskaya site, as well as in R&D projects.
The companies' revenue for the period amounted to 102 billion rubles, a 12% increase compared to the 2024 target. The largest revenue earners were JSC Biocad, JSC Vertex, and Pantes LLC. Residents paid 13.6 billion rubles in taxes across all levels of the Russian tax system, an 8% increase compared to the 2024 target.
Kirill Polyakov, Vice Governor of St. Petersburg, said, "These results confirm that the Special Economic Zone is an effective platform for developing high-tech businesses. Consistent support for innovative enterprises remains one of our key priorities.
Alexander Sitov, Chairman of the Committee on Industrial Policy, Innovation, and Trade, said, "The Special Economic Zone is currently the most effective mechanism for supporting high-tech industries in St. Petersburg. This is confirmed by the results achieved over the past six years, which account for 75% of the total investment volume over the entire period of the SEZ's operation, as well as over 85% of the total tax revenues for all levels of the Russian Federation budget system, including the regional budget. Furthermore, the current SEZ development concept includes not only the preparation of engineering infrastructure for residents to build their businesses but also the construction of ready-made production facilities within innovation centers at three of the four sites. The total area of all facilities will be 116,000 square meters and will be available for lease for investment projects by SEZ residents in high-tech priority industries."
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