# Groupe Atlantic builds new plant in Kutaisi, Georgia

Groupe Atlantic invested €15 million to build a new heating equipment plant in Kutaisi, Georgia, to serve Russian, Georgian, Armenian, Azerbaijani and Kazakh markets.

- Type: New facility
- Announced: 2019-05-13
- Where: Kutaisi, Georgia, Georgia
- Value: $16.8M (15.0M EUR)
- Status: under construction
- Products: heating equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Groupe Atlantic](https://endata.com/companies/10117.md)

## Sources

- [lejournaldesentreprises.com](https://www.lejournaldesentreprises.com/article/le-groupe-atlantic-poursuit-sa-conquete-du-monde-173370), 2019-05-13: "L'objectif était de se rapprocher des marchés russe, géorgien, arménien, azerbaïdjanais et kazakh."

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