Technovek to expand Udmurtia valve foundry with 297M ruble project backed by FRP loan

Udmurtia oil and gas equipment maker Technovek plans to expand its foundry section in Votkinsk with a 297 million ruble project, of which 146 million rubles may come as a concessional loan from the Fund for Industrial Development. The upgrade aims to raise monthly output of gate valves and fountain fittings and to boost exports by 202% by 2023.

“Стоимость проекта составляет 297 млн рублей, из которых 146 млн рублей могут быть предоставлены Фондом развития промышленности в виде льготного займа.”armavest.ru

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• armavest.ru«Техновек» планирует увеличить ежемесячный выпуск трубопроводной арматуры с помощью ФРП Журнал Вестник АрматуростроителяMay 14, 2019

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