# SEST-LU-VE invests EUR 3 million in air condenser and dry cooler production in Lipetsk

SEST-LU-VE, a Russian subsidiary of Italian LU-VE S.p.A., is investing over EUR 3 million to add production of air condensers and dry coolers (up to 13.5 meters long) at its plant in the Lipetsk special economic zone. The project will create over 30 additional jobs.

- Type: Expansion
- Announced: 2020-10-30
- Where: Lipetsk special economic zone, Russia
- Value: $3.50M (3.00M EUR)
- Jobs: 30
- Status: announced
- Products: air condensers, dry coolers, air heat exchangers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [SEST-LU-VE](https://endata.com/companies/50855.md)
- [Lu-Ve](https://endata.com/companies/8868.md) (partner)

## Sources

- [holodindustry.ru](https://holodindustry.ru/news/company-news/sest-lyuve-investiruet-3-mln-evro-v-proizvodstvo-vozdushnykh-kondensatorov-i-draykulerov/), 2020-10-30: "Это значительный шаг в сторону импортозамещения иностранной продукции, который позволит создать более 30 дополнительных рабочих мест."

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