# KZTO Radiator expands production in Kimry, Russia

KZTO Radiator (OOO KZTO Radiator) plans to invest 286.3 million rubles in 2020-2023 to acquire eight pieces of equipment and create about 60 new jobs by 2025, with a further 98.6 million rubles in 2024-2025 for capacity upgrades.

- Type: Expansion
- Announced: 2020-12-10
- Where: Kimry, Tver Oblast, Russia
- Value: $3.90M (286.3M RUB)
- Jobs: 60
- Starts operating: 2025
- Status: announced
- Products: steel tubular radiators, copper-aluminum convectors
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [KZTO Radiator](https://endata.com/companies/51779.md)

## Sources

- [tverlife.ru](https://tverlife.ru/regional/kimrskij-zavod-radiator-rasshirjaet-proizvodstvo/), 2020-12-10: "Расширение производство позволит создать около 60 новых 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.
