# GMS Group unveils 35 billion ruble investment program in import-substitution projects

Russian manufacturer GMS Group disclosed a combined investment program exceeding 35 billion rubles for modernization and new capacity, including 12 billion rubles invested in 2014-2022 and over 23 billion rubles planned for 2023-2026. Projects include pump and compressor plants in Orel, Kazan and Zelenodolsk and a facility in Livny.

- Type: Investment
- Announced: 2024-07-26
- Where: Kazan, Zelenodolsk, Livny, Orel region, Russia
- Value: $389.0M (35.0B RUB)
- Status: announced
- Products: process pumps, compressors, turbo-expanders, LNG compressor units
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kazankompressormash](https://endata.com/companies/4398.md)
- [GMS Livgidromash](https://endata.com/companies/11925.md)
- [GMS Group](https://endata.com/companies/11184.md) (investor)

## Sources

- [gazeta.ru](https://www.gazeta.ru/business/2024/07/26/19461133.shtml), 2024-07-26: "Группа ГМС раскрыла сводные данные о своих инвестиционных планах по проектам импортозамещения."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
