# Amkodor-Onego invests 500M rubles in forestry machinery production

Amkodor-Onego is implementing an investment project to create a production facility for harvesters and forwarders in Petrozavodsk, Russia. The first batch of overhead cranes has been received, with total investment of 500 million rubles and planned output of at least 60 machines per year.

- Type: Investment
- Announced: 2020-04-17
- Where: Petrozavodsk, Republic of Karelia, Russia
- Value: $6.80M (500.0M RUB)
- Status: under construction
- Capacity: 60 units per year
- Products: harvesters, forwarders, forestry machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Amkodor-Onego](https://endata.com/companies/37487.md)

## Sources

- [karel.mk.ru](https://karel.mk.ru/economics/2020/04/17/na-zavod-amkodoronego-postupilo-novoe-oborudovanie.html), 2020-04-17: "Объем инвестиций в производство составит 500 млн. руб."

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