# UZTS expands machine tool production in Ulyanovsk

Ulyanovsk Heavy and Unique Machine Tool Plant (UZTS) is investing about RUB 400 million to expand its machine tool production facility in Ulyanovsk, Russia, creating 50 new jobs, with completion expected by end of 2021.

- Type: Expansion
- Announced: 2020-06-19
- Where: Ulyanovsk, Russia
- Value: $5.50M (400.0M RUB)
- Jobs: 50
- Starts operating: 2021
- Status: under construction
- Products: metalworking machine tools, milling machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Ulyanovsk Heavy and Unique Machine Tool Plant](https://endata.com/companies/47985.md)
- [Rostok Group](https://endata.com/companies/44689.md) (investor)

## Sources

- [ulgov.ru](https://ulgov.ru/news/index/permlink/id/57097/), 2020-06-19: "Компания инвестирует до конца 2021 года порядка 400 млн рублей и примет на работу дополнительно 50 человек."

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