“We do not consider the industrial park as a business project,” said the CEO MMK Pavel Shilyaev. “In our understanding, it is, first of all, an effective tool for supporting and developing medium and small businesses, one of the elements of attracting human capital, the opportunity to provide people with alternative growth paths.”
The site of the MMK industrial park is a ready-made property complex with an area of 65 hectares, with all the engineering infrastructure, a developed railway network - all conditions have been created here for a quick start of almost any new production. MMK-Industrial Park has been accredited by the Ministry of Industry and Trade of the Russian Federation, which enables investors to apply a system of tax incentives - zeroing the property tax rate and reducing the regional component of the income tax rate by 3.5%. To date, there are 26 residents at the site. To support and intensify business development in Magnitogorsk, the management of PJSC MMK has begun co-financing projects implemented by residents of LLC MMK-INDUSTRIAL PARK.