# Baltex plans 1 billion ruble investment to expand textile production capacity

Baltex, a subsidiary of KuibyshevAzot, plans to invest about 1 billion rubles in 2023-2025 to modernize production, aiming to increase capacity by 50%. The investment was announced on March 6, 2024.

- Type: Investment
- Announced: 2024-03-06
- Where: Balashov, Saratov Oblast, Russia
- Starts operating: 2025
- Status: announced
- Capacity: 50% increase
- Products: polyamide fabrics, polyester fabrics, technical textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Baltex](https://endata.com/companies/30566.md)
- [KuibyshevAzot](https://endata.com/companies/27555.md) (investor)

## Sources

- [rg.ru](https://rg.ru/2024/03/06/ukroiut-ot-nepogody.html), 2024-03-06: "Около одного миллиарда рублей планируется направить в 2023-2025 годах на приобретение нового оборудования, ремонт производственных площадей и улучшение условий труда."

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