# ChelPipe Group to invest RUB 300M in crane modernization at PNTZ

ChelPipe Group (ChTPZ) is modernizing the crane infrastructure at Pervouralsk New Pipe Plant (PNTZ) with about 25 new overhead cranes by 2025, investing around 300 million rubles.

- Type: Investment
- Announced: 2020-09-14
- Where: Pervouralsk, Russia
- Value: $4.00M (300.0M RUB)
- Starts operating: 2025
- Status: announced
- Products: steel pipes, overhead cranes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ChelPipe Group](https://endata.com/companies/49676.md)

## Sources

- [ura.news](https://ura.news/news/1052449677), 2020-09-14: "Всего на проект потратят около 300 миллионов рублей инвестиций."

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