# TMH-Elektrotekh expands electric machine production in Novocherkassk

TMH-Elektrotekh (part of TMH Energy Solutions) is modernizing and expanding production facilities in Novocherkassk, Russia, with an investment of over 6 billion rubles. The project will increase output of traction motors for locomotives by 35% to 5,700 units per year and for metro trains to 2,700 units per year, creating about 500 new jobs.

- Type: Expansion
- Announced: 2023-07-05
- Where: Novocherkassk, Russia
- Jobs: 500
- Status: under construction
- Capacity: 5,700 traction motors for locomotives per year; 2,700 traction motors for metro trains per year
- Products: asynchronous traction electric motors, traction electric motors for locomotives, traction electric motors for metro trains
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [TMH-Elektrotekh](https://endata.com/companies/71249.md)
- [TMH Energy Solutions](https://endata.com/companies/71250.md) (partner)

## Sources

- [tmholding.ru](https://tmholding.ru/media/events/31982.html), 2023-07-05: "На эти цели выделено более 6 млрд рублей."

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