# Yuzhny Zavod Tyazhelogo Stankostroeniya invests 627 million rubles in new production in Krasnodar

Yuzhny Zavod Tyazhelogo Stankostroeniya (YuZTS) invested 627 million rubles, including a 500 million ruble loan from the Federal Industrial Development Fund, to produce new models of five-axis machining centers in Krasnodar, doubling output to 20 units per year and creating 45 jobs.

- Type: Investment
- Announced: 2024-01-11
- Where: Krasnodar, Russia
- Value: $7.00M (627.0M RUB)
- Jobs: 45
- Status: announced
- Capacity: 20 units per year
- Products: five-axis machining centers, high-precision five-axis portal and vertical machining centers with CNC
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Yuzhny Zavod Tyazhelogo Stankostroeniya](https://endata.com/companies/74893.md)
- [Federal Industrial Development Fund](https://endata.com/companies/11635.md) (investor)

## Sources

- [dg-yug.ru](https://dg-yug.ru/news/20124535.html), 2024-01-11: "Модернизация позволит нарастить выпуск таких моделей вдвое — до 20 единиц в год."

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