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Investments in construction of the third stage are estimated at 1.8 billion roubles, the total volume of investments in the construction of the entire factory is 5 billion roubles. The total production area has increased by one third and is now 60 000 m². The turnout will increase from 1.4 million to 2 million pieces of water heaters per year. The automation degree of technological processes is more than 90%. Thanks to the more modern equipment the production rate has increased almost twice – every 15 seconds a new water heater comes off the assembly line. Today it is the largest factory in terms of water heaters production output in Russia and one of the most advanced ones in the world. The leading European experts including those from Italy participated in designing and construction of production lines. The project was implemented with the support of VTB Group, Bank Saint-Petersburg and with the assistance of regional authorities