# Rostec invests over 1.9 billion rubles in machine tool plant in Sasovo

Rostec, through its subsidiary Stankoprom, will invest over 1.9 billion rubles (including 1.198 billion rubles from Rostec) to create serial production of modern turning-milling machines at STP-Sasta in Sasovo, Ryazan Oblast.

- Type: Investment
- Announced: 2018-04-27
- Where: Sasovo, Ryazan Oblast, Russia
- Value: $30.4M (1.90B RUB)
- Starts operating: 2018
- Status: announced
- Capacity: 250 machines per year
- Products: turning-milling machines, machining centers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [STP-Sasta](https://endata.com/companies/18566.md)
- [Rostec](https://endata.com/companies/8731.md) (investor)
- [Stankoprom](https://endata.com/companies/18315.md) (investor)

## Sources

- [nangs.org](https://nangs.org/news/technologies/dochka-rostekha-vlozhit-bolee-1-mlrd-rublej-v-stankostroitelnyj-zavod-v-ryazanskoj-oblasti), 2018-04-27: "Общий объем инвестиций в проект составит более 1,9 млрд рублей."
- [ritm-magazine.com](https://ritm-magazine.com/ru/news/novosti-redakcii/dochka-rosteha-vlozhit-bolee-1-mlrd-rubley-v-stankostroitelnyy-zavod-v), 2018-05-10: "Общий объем инвестиций в проект составит более 1,9 млрд рублей."

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