# Oil and gas group Ural resident to build 3.5 billion ruble gas equipment plant in Sverdlovsk

Joint Oil and Gas Group, a resident of the Titanium Valley special economic zone, received permission to build a plant making industrial gas equipment and gas and condensate processing equipment, with 3.5 billion rubles of investment and 150 jobs; construction starts in autumn 2024 and completion is planned for 2026.

- Type: New facility
- Announced: 2024-08-14
- Where: Uktus site, Sverdlovsk region, Russia
- Value: $38.9M (3.50B RUB)
- Jobs: 150
- Status: announced
- Capacity: plant area expanded from 17.2 thousand to 20.3 thousand square meters
- Products: industrial gas equipment, gas and gas condensate processing equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Joint Oil and Gas Group](https://endata.com/companies/12157.md)
- [Bantner Group](https://endata.com/companies/12158.md) (investor)

## Sources

- [oblgazeta.ru](https://oblgazeta.ru/industry-and-economy/industry/2024/08/61363/), 2024-08-14: "Новое производство создаст 150 рабочих мест."

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