◂ Announcements

Dec 11, 2019INVESTMENTNaberezhnye Chelny, Russia

Transport Electrical Equipment Plant to upgrade electric motor production with IDF loan

The Industrial Development Fund approved a loan of RUB 464.1 million to the Transport Electrical Equipment Plant in Naberezhnye Chelny to upgrade and expand production of EDU-133PCh electric motors for diesel locomotives. Total project budget is RUB 590.3 million.

Value

$9.30M (590.3M RUB)

Status

Announced

ProductsEDU-133PCh electric motors for diesel locomotives

CompaniesTransport Electrical Equipment Plant Industrial Development Fund investor

Sectors#Industrial Machinery

“The production cost of the electric motors will be 25% lower than foreign ones and 7% lower than their domestic counterparts.”mpt.tatarstan.ru

1 source
mpt.tatarstan.ruMinistry of Industry and Trade of the Republic of TatarstanDec 11, 2019

Summarized from public sources; check the original articles before acting on it.

Similar announcements

Nov 5, 2026INVESTMENTChiayi, Taiwan, TWN$25.2M
Tung Hsing Industrial invests $25.2M in Chiayi
Tung Hsing Industrial chipdispatch.com
Nov 5, 2026NEW FACILITYPerm, Russia$733Kops 5 Nov 2026
Robotech opens mechanical assembly shop in Perm for robotic cells and 3D printers
Robotech itrussia.media
Nov 4, 2026INVESTMENTEgypt$8.00M
El-Sakkary Machinery plans EGP 250M investment by 2030
El-Sakkary Machinery businesstec.news
Nov 3, 2026INVESTMENTNiepołomice, Kraków, Poland$120.0M
MAN invests €110 million in Kraków plant expansion
MAN Trucks media.kpt.krakow.pl
Nov 3, 2026INVESTMENTGräfelfing near Munich, Germany, Germany
Schmidbauer orders 17 Liebherr cranes in fleet renewal
Schmidbauer Liebherr supplier cranemag.com
Nov 3, 2026INVESTMENTMinneapolis, Minnesota, United States
Airmo installs new MAZAK CNC mill at Minneapolis facility
Airmo airmo.com

Loading…