# VolgaHydro opens hydropower turbine plant in Balakovo, Russia

Voith's subsidiary VolgaHydro opened a new production plant for hydropower turbines in Balakovo, Russia, with an investment of just under $39.7 million. The facility has created 100 jobs and is expected to employ another 100 in the future.

- Type: New facility
- Announced: 2019-06-26
- Where: Balakovo, Russia, Russia
- Value: $39.7M
- Jobs: 100
- Starts operating: 27 Jun 2019
- Status: completed
- Capacity: 8,000 square meters manufacturing area
- Products: hydropower turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Voith](https://endata.com/companies/217.md)
- [VolgaHydro](https://endata.com/companies/40281.md)
- [Voith](https://endata.com/companies/217.md) (partner)

## Sources

- [power-technology.com](https://www.power-technology.com/news/voith-volgahydro-russia/), 2019-06-26: "Global technology company Voith’s subsidiary VolgaHydro has opened a new production plant for hydropower turbines in Balakovo, Russia."
- [smartwatermagazine.com](https://smartwatermagazine.com/news/voith/voith-subsidiary-volgahydro-inaugurates-new-production-plant-hydropower-turbines), 2019-06-27: "The Voith subsidiary VolgaHydro has opened its new production plant in Balakovo, Russia."
- [impeller.net](https://impeller.net/magazin/voith-subsidiary-volgahydro-inaugurates-new-production-plant-for-hydropower-turbines/), 2019-07-11: "On 26th June 2019, the Voith subsidiary VolgaHydro opened ceremonially its new production plant in Balakovo, Russia."

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