Alabuga industrial-type Special Economic Zone and Bank “ROSSIYA” have signed a cooperation agreement during the St. Petersburg International Economic Forum (SPIEF-2025).
The agreement was signed by Yadgar Valeev, Deputy CEO of the SEZ “Alabuga”, and Tatyana Polinko, Chairwoman of the Management Board at Bank “ROSSIYA”.
The partnership outlines joint efforts to finance investment projects aimed at expanding the talent development infrastructure of the SEZ “Alabuga” and its industrial parks as well as supporting the infrastructure of Alabuga Polytech, Russia’s largest center for vocational training of highly-qualified personnel, with a capacity of 10,000 students per year. In addition, the parties will explore the possibility of increasing the total volume of loan financing for the SEZ to 25 billion rubles in 2025.
“This agreement with Bank “ROSSIYA” gives a strong boost to Alabuga’s workforce development ecosystem,” said Yadgar Valeev. “Investment in Alabuga Polytech and the expansion of educational infrastructure will allow us to train highly qualified specialists aligned with the needs of cutting-edge manufacturing. Together, we are laying the foundation for Russia’s technological sovereignty.”
“Our cooperation with the SEZ “Alabuga” marks an important milestone in implementing Bank “ROSSIYA”’s strategy to support high-tech industries and foster the country’s human capital,” commented Tatyana Polinko. “Financing projects within the SEZ will not only strengthen the region’s industrial potential but also contribute to building a modern, innovation-driven Russian economy. We believe this partnership opens up new opportunities for growth and large-scale investment initiatives.”
Background information:
Alabuga is Russia’s leading Special Economic Zone, offering full-cycle partnership through providing best industrial, construction, HR and social infrastructure. The zone hosts 43 high-tech, import-substituting manufacturers — leaders in their respective industries. To date, over 25,000 jobs have been created within the SEZ, with total investments reaching 183 billion rubles and resident companies generating 238 billion rubles in revenue.
Alabuga Polytech is a high-tech educational center training 10,000 skilled workers annually. It offers training in 19 in-demand fields aligned with the needs of the SEZ residents. The center uses a dual-education model: in the first half of the day, students train on modern industrial equipment under the guidance of engineers from the SEZ companies; in the second half of the day, they study academic subjects in vocational institutions. At the same time students complete internships within the company. Graduates enter the job market as experienced and in-demand professionals.
Bank “ROSSIYA” was founded on June 27, 1990, in St. Petersburg and is one of Russia’s first private banks. Over its 35-year history, it has provided a wide range of banking services to both corporate and private clients. The bank holds a general banking license, along with licenses to operate in the stock market. It ranks among Russia’s top 20 banks and is currently 13th in the country by total assets.
