# Fortaco Estonia to open €16M production plant in Narva

Fortaco Estonia is opening a new production unit in Narva's industrial park, costing €16 million and partly supported by the EU Just Transition Fund. The plant may create up to 150 jobs and is expected to start production in the second half of 2024.

- Type: New facility
- Announced: 2023-11-23
- Where: Narva, Estonia
- Jobs: 150
- Starts operating: Jul 2024
- Status: announced
- Products: CNC machine tools, welding robots, bending equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Fortaco Estonia](https://endata.com/companies/73962.md)

## Sources

- [news.err.ee](https://news.err.ee/1609173646/fortaco-estonia-to-open-up-new-narva-production-plant), 2023-11-23: "The plant is due to open in the Narva industrial park (Tööstuspark) next year and will cost €16 million, half of which will go on purchasing new machinery and equipment."

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