# Gringo to invest RUB 1B in forklift plant in Moscow SEZ

Forklift manufacturer Gringo will invest about RUB 1 billion to build a new plant at the Alabushevo site of the Technopolis Moscow SEZ. Construction starts in 2020 and will be completed in 2021, creating over 70 jobs.

- Type: Investment
- Announced: 2020-05-25
- Where: Alabushevo, Moscow, Russia, Russia
- Value: $13.6M (1.00B RUB)
- Jobs: 70
- Starts operating: 2021
- Status: announced
- Products: forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Gringo](https://endata.com/companies/17745.md)

## Sources

- [ruscable.ru](https://www.ruscable.ru/news/2020/05/25/Investitsii_v_proizvodstvo_vilochnyx_pogruzchikov_/), 2020-05-25: "Производитель вилочных погрузчиков - компания "Гринго" - вложит в развитие нового производства около 1 млрд рублей, строительство завода начнется в этом году на площадке "Алабушево" столичной особой экономической зоны "Технополис "Москва"."

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