# KAMENERGOMASH to invest RUB 1.3B in turbine production in Nizhnekamsk

KAMENERGOMASH (KEM) plans to invest 1.3 billion rubles in building a new production facility for gas turbines and spare parts in Nizhnekamsk, Russia. Construction of the main building is expected to be completed by 2020.

- Type: Expansion
- Announced: 2018-09-07
- Where: Nizhnekamsk, Russia
- Starts operating: 2020
- Status: under construction
- Products: gas turbines, spare parts for energy equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [KAMENERGOMASH](https://endata.com/companies/34190.md)

## Sources

- [tatcenter.ru](https://tatcenter.ru/news/kem-investiruet-v-proizvodstvo-turbin-v-nizhnekamske-1-3-mlrd-rublej/), 2018-09-07: "Новое строительство обусловлено тем, что мы расширяем производство и выходим на рынок не только как ремонтники, но и как производители энергетического оборудования."

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