# AEM Technologies plans €47M investment in nuclear production facilities

AEM Technologies plans to invest about €47 million to upgrade two production facilities at Atommash in Volgodonsk and Petrozavodskmash in Petrozavodsk, Russia, to increase capacity for producing major nuclear plant components.

- Type: Investment
- Announced: 2021-07-21
- Where: Volgodonsk and Petrozavodsk, Russia, Russia
- Value: $55.5M (47.0M EUR)
- Status: announced
- Products: reactor pressure vessels, steam generators, nuclear plant components
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [AEM Technologies](https://endata.com/companies/56609.md)

## Sources

- [nucnet.org](https://www.nucnet.org/news/nuclear-manufacturer-aem-plans-eur47m-investment-in-production-facilities-7-3-2021), 2021-07-21: "AEM Technologies aims to increase its capacity to produce major components for nuclear plants."

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