Today at the supervisory board of Moglino, the Synthesis Technology project was approved.

On Monday, June 24, the Synthesis Technology investment project was approved by members of the Supervisory Board of the Moglino industrial-production special economic zone.
Synthesis Technology LLC plans to open the production of synthetic diamonds and single crystal plates on the premises of the rental plant of the Moglino SEZ Moglino by synthesizing single crystals and carbon crystals.

The Executive Director of the company Andrei Petrov drew attention to the fact that the production will be environmentally friendly, without any harmful emissions. He also noted that 80% of production is planned to be exported, the rest is domestic consumption.

Andrei Petrov also noted that in addition to production, the company plans to actively conduct scientific work and laboratory research. In this regard, he asked for assistance in cooperation with Pskov State University on the issue of training relevant specialists. Following the discussion, agreements were concluded on intentions to carry out industrial production activities between the management of the Moglino SEZ and potential investors. In the future, business plans of projects will be submitted for consideration by the Expert Council of the Moglino Special Economic Zone.

The volume of investments will be about 850 million rubles, about 150 jobs will be created.

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