# ChTPZ Group to invest 300 million rubles in crane modernization at PNTZ

ChTPZ Group has started a project to modernize the crane infrastructure at Pervouralsky Novotrubny Plant (PNTZ), with plans to commission about 25 new overhead cranes by 2025. The total investment is about 300 million rubles. Two new magnetic overhead cranes are already operational, and five more will be installed by the end of 2020.

- Type: Investment
- Announced: 2020-10-17
- Where: Pervouralsk, Russia, Russia
- Value: $4.00M (300.0M RUB)
- Starts operating: 2025
- Status: announced
- Products: overhead cranes, steel pipes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [ChTPZ Group](https://endata.com/companies/50587.md)
- [Pervouralsky Novotrubny Plant](https://endata.com/companies/50588.md)

## Sources

- [newsmoment.ru](https://newsmoment.ru/chtpz-potratit-sotni-millionov-na-robotizacziyu/), 2020-10-17: "Модернизация позволит снизить простои оборудования, увеличить производительность цехов и, что самое важное, — обеспечить безопасные условия труда для сотрудников."

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