A joint venture created by Yandex, LANIT Group of companies, Gigabyte computer equipment manufacturer and VTB Bank has started construction of a factory for the production of server equipment, Yandex reported on Wednesday.
The production complex will be located near Ryazan, on the territory of the industrial park " Ryazan ".
The plant will produce equipment under the trademark "Openyard": servers, data storage systems, gateways and components of smart devices. The area of the site where the complex will appear is eight hectares. The first stage will include production lines, laboratories and test areas. All operations will be performed here, starting from surface mounting of components and ending with testing of finished products, the report says.
At the initial stage, the joint venture will invest more than 1 billion rubles in production. It is expected that the commissioning works - they will be led by specialists from Gigabyte - will begin in the third quarter of 2022, and by the end of 2022 the plant will release the first server. The servers produced in Ryazan will be designed using the developments and technologies of Yandex.
Yandex, LANIT, Gigabyte and VTB announced on the establishment of a joint venture in June 2021. The participants agreed that Yandex and Gigabyte will provide patents, technologies and their own developments for the project, Yandex and LANIT will allocate investments, and LANIT will also organize distribution and service. VTB will act as an investor in the joint venture.