UrBC, Yekaterinburg, October 11, 2017. TVEL’s Sverdlovsk Region-based assets (Ural Electrochemical Combine and CentroTech) are currently working to set up an industrial cluster in Novorualsk with a focus on machine-building, the company press service reports.

Novouralsk Industrial Cluster will comprise around ten Novouralsk enterprises (including Ural Electrochemical Combine, CentroTech, ANK Service, and Atomashkompleks) at the start.

The cluster will be responsible for a number of key tasks necessary to ensure Sverdlovsk Region’s machine-building industry’s development and to enable cooperation in the field of import substitution and other promising areas.

‘An industrial cluster status allows the entity to apply for state subsidies (supplied from the federal budget funds) that will make up for up to 50% of its expenses. For Novouralsk Industrial Cluster, this would come to about RUR 200m a year. This is money directed to personnel training, design documentation development, licensing and certification procedures, prototype development, making pilot samples, and so on. According to the project’s roadmap, the cluster is to get listed on the Russian Federation’s Industry & Trade Ministry’s Industrial Cluster Register next year,’ says Ural Electrochemical Combine’s Deputy Director-General for Non-Nuclear Business Development Oleg Yelistratov.