# Turboatom and Elektrovazhmash to merge into single company

Ukrainian Power Machines (formerly Turboatom) and Elektrovazhmash will merge and operate as a single enterprise starting December 2021.

- Type: Acquisition
- Announced: 2021-11-24
- Where: Kharkiv, Ukraine
- Status: announced
- Products: power generation equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ukrainian Power Machines](https://endata.com/companies/59217.md)
- [Elektrovazhmash](https://endata.com/companies/57431.md) (target)

## Sources

- [ubn.news](https://ubn.news/turboatom-and-elektrovazhmash-will-work-as-a-single-company/), 2021-11-24: "The two Kharkiv industrial giants, Ukrainian Power Machines (formerly “Turboatom”) and Elektrovazhmash, will merge and work as a single enterprise"

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