# Korean company to build climate equipment plant in Ulyanovsk region

A Korean company, together with a Russian partner, signed an agreement to build a production facility for heating and air conditioning systems in the Ulyanovsk special economic zone, with an investment of 100 million rubles and 50 new jobs.

- Type: New facility
- Announced: 2020-12-07
- Where: Ulyanovsk, Russia
- Value: $1.35M (100.0M RUB)
- Jobs: 50
- Starts operating: Dec 2023
- Status: announced
- Products: heating systems, air conditioning systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Korean company](https://endata.com/companies/51665.md) (investor)

## Sources

- [1ul.ru](https://1ul.ru/finance/biznes/news/v_ulyanovskoy_oblasti_budut_proizvodit_koreyskie_kondicionery/), 2020-12-07: "В ПОЭЗ заходит корейская компания, которая вместе с российским партнером создаст совместное предприятие и построит два корпуса."

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