# TechnoNICOL invests £36.8m in Superglass facility in Stirling

Sergey Kolesnikov, owner of TechnoNICOL, is investing £36.8m (€42.3m) in the Superglass facility in Stirling, Scotland, to double capacity and create new jobs.

- Type: Investment
- Announced: 2017-12-07
- Where: Stirling, Scotland, United Kingdom
- Value: $49.5M (36.8M GBP)
- Status: announced
- Capacity: double capacity
- Products: construction materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Superglass](https://endata.com/companies/28650.md)
- [Technonicol](https://endata.com/companies/28410.md) (investor)
- [Inflection Management Corporation](https://endata.com/companies/28672.md) (investor)

## Sources

- [scottish-enterprise-mediacentre.com](https://www.scottish-enterprise-mediacentre.com/news/stirling-benefits-from-gbp-37m-investment-in-scottish-manufacturing-facility), 2017-12-07: "The owner of TechnoNICOL is to invest £36.8m (€42.3m) in the Superglass facility at Thistle Industrial Estate in Stirling."
- [themanufacturer.com](https://www.themanufacturer.com/articles/scottish-glass-wool-maker-attracts-37m-russian-investment/), 2017-12-07: "It is also an important milestone in the total transformation that this business has experienced over the last three years."

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