# SKS Estonia Textile invests €1.3M in production expansion in Narva

SKS Estonia Textile is investing over €1.3 million to expand its product range and upgrade technology at its Narva plant, adding 500 tons of production capacity. The investment is partly financed by the EU Fair Transition Fund.

- Type: Expansion
- Announced: 2023-11-04
- Where: Narva, Estonia
- Value: $1.40M (1.30M EUR)
- Status: announced
- Capacity: 500 tons per year
- Products: yarn, rope
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [SKS Estonia Textile](https://endata.com/companies/73496.md)
- [AB Svenskt Konstsilke](https://endata.com/companies/73497.md) (investor)

## Sources

- [news.err.ee](https://news.err.ee/1609154611/narva-textile-company-invests-over-1-3-million-in-production-expansion), 2023-11-04: "The new equipment adds 500 tons of production capacity and allows for new, environmentally friendly products."

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