# Hermle to invest RUB 300M in technology center in Ulyanovsk, Russia

German machine tool manufacturer Hermle will invest 300 million rubles to create a design and technology center in the Ulyanovsk port special economic zone, with plans to later produce machine tools there.

- Type: Investment
- Announced: 2018-10-17
- Where: Ulyanovsk, Ulyanovsk Oblast, Russia
- Status: announced
- Products: fresing machines, machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Maschinenfabrik Berthold Hermle AG](https://endata.com/companies/19158.md)
- [OOO Khermle Ulyanovsk](https://endata.com/companies/19159.md)

## Sources

- [interfax-russia.ru](https://www.interfax-russia.ru/volga/news/germanskaya-hermle-investiruet-300-mln-rub-v-sozdanie-tehnologicheskogo-centra-v-ulyanovske), 2018-10-17: "Германская Hermle инвестирует 300 млн руб. в создание конструкторско-технологического центра на территории портовой особой экономической зоны "Ульяновск""

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