# Satellite plant in Blagoveshchensk to invest 340 million rubles in new workshop

The Satellite plant in Blagoveshchensk, Bashkortostan, which makes pipeline valves, is investing 340 million rubles in a new production workshop, expected to open in September and create 75 jobs and double production capacity.

- Type: Expansion
- Announced: 2022-08-31
- Where: Blagoveshchensk, Bashkortostan, Russia
- Value: $5.70M (340.0M RUB)
- Jobs: 75
- Status: under construction
- Capacity: production capacity to double
- Products: ball valves, safety valves, safety valve blocks, check valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Satellite](https://endata.com/companies/9641.md)

## Sources

- [rus.bashgazet.ru](https://rus.bashgazet.ru/jekonomika/22125-v-rasshirenie-proizvodstva-zavoda-satellit-v-blagoveschenske-budet-vlozheno-340-mln-rublej.html), 2022-08-31: "В расширение производства завода «Сателлит» в Благовещенске будет вложено 340 млн рублей"

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