# ENKO to build new transformer workshop in Izhevsk, Russia

Promsvyazbank opened a credit line of RUB 21 million to ENKO for building a new workshop to produce electrical products. The new workshop is expected to open in Q4 2017, increasing output by 10% and creating new jobs.

- Type: Expansion
- Announced: 2017-09-21
- Where: Izhevsk, Russia
- Value: $362K (21.0M RUB)
- Starts operating: Q4 2017
- Status: under construction
- Products: transformers, electrical products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ENKO](https://endata.com/companies/27053.md)
- [Promsvyazbank](https://endata.com/companies/27054.md) (investor)
- [SME Corporation](https://endata.com/companies/27055.md) (partner)

## Sources

- [pfo.volga.news](https://pfo.volga.news/article/451188.html), 2017-09-21: "С вводом в строй новых производственных площадей объем выпуска продукции увеличится на 10%, будут открыты новые рабочие места"

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