# Kotovsky Nonwovens Factory to double production of synthetic padding with 141 million ruble investment

OOO Kotovsky Nonwovens Factory (KZNM) in Tambov Oblast plans to double its production of synthetic padding (sintepon) from 26 to 50 million linear meters per year. The investment of nearly 141 million rubles includes a 91 million ruble concessional loan from VEB.RF, and will create 25 new jobs.

- Type: Expansion
- Announced: 2024-01-11
- Where: Tambov Oblast, Russia
- Value: $1.58M (141.0M RUB)
- Jobs: 25
- Status: announced
- Capacity: 50 million linear meters per year
- Products: synthetic padding (sintepon)
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kotovsky Nonwovens Factory](https://endata.com/companies/74921.md)
- [VEB.RF](https://endata.com/companies/51741.md) (investor)

## Sources

- [interfax-russia.ru](https://www.interfax-russia.ru/center/news/kotovskiy-zavod-netkanyh-materialov-vlozhit-141-mln-rub-v-udvoenie-proizvodstva-sintepona), 2024-01-11: "Реализация проекта позволит предприятию увеличить выпуск синтепона с 26 до 50 млн погонных метров 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.