# Netkanika plans $10M investment to expand capacity

After acquiring Regent NM, Netkanika plans to invest around $10 million in modernisation and increase its capacity by 40%.

- Type: Investment
- Announced: 2018-10-26
- Where: Novaya Moscow region, Russia
- Value: $10.0M
- Status: announced
- Capacity: 40% increase
- Products: nonwoven materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Netkanika](https://endata.com/companies/35139.md)

## Sources

- [innovationintextiles.com](https://innovationintextiles.com/russian-nonwovens-growth-leads-to-consolidation/), 2018-10-26: "After integration of the newly acquired asset, Netkanika plans to invest around US$ 10 million in modernisation and increase its capacity by 40%."

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