Dalian Machine Tool to build joint venture factory in Moscow region

Dalian Machine Tool Group will form a joint venture with Gazdevice (owned by Gennady Timchenko) to build a high-precision machine tool plant in the Moscow region. The project investment is 11 billion rubles (about $196 million) by 2020. Dalian will hold 49%, Gazdevice 51%. Production capacity will reach 5,000 machines per year by 2020.

“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。”art2phone.com

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• art2phone.com大连机床将在莫斯科建立中俄合资高精密机床生产企业-158机床网机床,数控机床行业门户网站-158机床网May 22, 2017

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