# Mayak plant in Kirov expands production of gas compressors with development fund loan

The Kirov plant Mayak received an approved loan from the Russian Fund for Industrial Development to move its gas compressor production to series output of 120 units per year. The total project budget is 206.1 million rubles and is expected to create 22 jobs.

- Type: Expansion
- Announced: 2022-08-22
- Where: Kirov, Russia
- Value: $3.40M (206.1M RUB)
- Jobs: 22
- Status: announced
- Capacity: 120 units per year
- Products: natural gas compressors for vehicle gas refueling stations
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mayak](https://endata.com/companies/9610.md)
- [Fund for Industrial Development](https://endata.com/companies/651.md) (investor)

## Sources

- [mk-kirov.ru](https://www.mk-kirov.ru/economics/2022/08/22/v-kirove-predpriyatie-rasshiryaet-proizvodstvo-unikalnykh-gazovykh-kompressorov.html), 2022-08-22: "Общий бюджет проекта составляет 206,1 млн рублей, из которых 70 млн рублей могут быть предоставлены Фондом развития промышленности в виде льготного займа."

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