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Dalian Machine Tool Group to form joint venture in Russia · Endata

◂ Announcements

Apr 18, 2017PARTNERSHIPMoscow region, Russia, Russia

Dalian Machine Tool Group to form joint venture in Russia

China's Dalian Machine Tool Group (DMTG) will form a joint venture with Gazdevice in the Moscow region to produce high-precision CNC machine tools, with total investment of 11 billion rubles ($196 million) by 2020.

Value

$196.0M (11.0B RUB)

Status

Announced

Capacity

5000 units per year by 2020

ProductsCNC lathesvertical machining centershorizontal machining centers

CompaniesDalian Machine Tool Group partner Gazdevice partner

Sectors#Industrial Machinery

“中国大连机床集团将与俄投资者在莫斯科州成立生产高精密机床的合资企业。”sputniknews.cn

1 source
sputniknews.cn媒体：中国大连机床集团将在俄建合资机床生产厂 - 2017年4月18日, 俄罗斯卫星通讯社Apr 18, 2017

Summarized from public sources; check the original articles before acting on it.

More from Dalian Machine Tool Group

Jun 26, 2024CONTRACTDalian, China, China$13.8M
SINOMACH's SIPPR wins EPC contract for Dalian Machine Tool's key components base renovation
Dalian Machine Tool Group customer Sinomach supplier sinomach.com.cn
May 22, 2017NEW FACILITYMoscow region, Russia, Russia$196.0Mops 2020
Dalian Machine Tool to build joint venture factory in Moscow region
Dalian Machine Tool Group investor Gazdevice partner art2phone.com
Apr 18, 2017PARTNERSHIPMoscow region, Russia, Russia$196.0M
Dalian Machine Tool Group to produce CNC lathes at Gazdevice plant
Dalian Machine Tool Group partner Gazdevice partner vedomosti.ru
Apr 6, 2016NEW FACILITYZhangjiagang, Jiangsu, China$690.0M
Dalian Machine Tool Group to build CNY 4.5B East China base in Zhangjiagang
Dalian Machine Tool Group o411.cn

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