# Witkowitz to invest EUR 50 million in new production facilities at Pivdenmash

Czech-based Witkowitz concern plans to invest over EUR 50 million to establish new production facilities at the Dnipro-based Pivdennyi machine-building plant (Pivdenmash) in Ukraine, focusing on overhaul of railway diesel engines and production of hydrogen engines. Production launch is tentatively planned for the end of 2020.

- Type: Investment
- Announced: 2020-08-18
- Where: Dnipro, Ukraine
- Value: $59.0M (50.0M EUR)
- Starts operating: Dec 2020
- Status: announced
- Products: railway diesel engines, hydrogen engines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Pivdennyi machine-building plant](https://endata.com/companies/49183.md)
- [Witkowitz](https://endata.com/companies/49182.md) (investor)

## Sources

- [en.cfts.org.ua](https://en.cfts.org.ua/news/czech_based_witkowitz_to_invest_eur_50_million_in_pivdenmash), 2020-08-18: "The main goal of the investment is development of new projects for overhaul of railway diesel engines and production of hydrogen engines."

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