SEZ Technopolis Moscow New Resident Will Invest RUB 90 M in Development of Energy-Efficient Solutions

The Energy Storage company, the maker of ENSOL lithium-ion batteries, has received the SEZ Technopolis Moscow resident status. The company's total investments in development of energy-efficient products will amount to about RUB 90 m by 2025.

The resident status allows companies to annually save on taxes and other mandatory payments. The preferences also include zero property tax rate, reduced profit tax, duty-free imports.