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Azov-Tek, a Russian manufacturer of light-alloy car wheels and coatings, plans to launch a new plant for machinery and metalworking products in the Rostov region in Q2 2024. The investment is RUB 2.3 billion, creating 130 jobs and doubling wheel production capacity to 1 million units per year.
“Компания планирует во втором квартале 2024 года запустить новый завод по выпуску изделий машиностроения и металлообработки за 2,3 млрд руб.”kommersant.ru
Summarized from public sources; check the original articles before acting on it.