# BPK to invest over RUB 200 million in machine tool development in Ryazan region

BPK signed an investment agreement with the Government of the Ryazan Region to invest more than 200 million rubles in 2018-2019 for modernization and expansion of the Sasta machine-tool plant and Sasovo Foundry. The project aims to create high-tech jobs and increase iron casting capacity to 250,000 kg per month.

- Type: Investment
- Announced: 2018-05-25
- Where: Ryazan region, Russia
- Value: $3.20M (200.0M RUB)
- Starts operating: 2019
- Status: announced
- Capacity: 250,000 kg of iron casting per month
- Products: machine tools, iron castings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [BPK](https://endata.com/companies/18648.md)

## Sources

- [sasta.ru](https://sasta.ru/en/press-center/news/bpk-vlozhit-bolee-200-mln-v-razvitie-stankostroeniya-v-ryazansko/), 2018-05-25: "The planned total investment in the modernization and expansion of production will be more than 200 million rubles in 2018-2019."

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