# STAN invests RUB 3 billion in machine-tool plant modernization

STAN invested approximately RUB 3 billion in technical re-equipment of its machine-tool factories across Russia, including sites in Bashkortostan, Moscow, Ryazan, Ivanovo, Tver and Rostov regions.

- Type: Investment
- Announced: 2017-06-19
- Where: Russia (multiple sites: Bashkortostan, Moscow, Ryazan, Ivanovo, Tver, Rostov), Russia
- Value: $52.0M (3.00B RUB)
- Status: completed
- Products: metalworking machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [STAN](https://endata.com/companies/16972.md)

## Sources

- [rosinvest.com](https://rosinvest.com/novosti/1317271), 2017-06-19: "Миллиарда три рублей точно вложили."

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