# Gomel Machine Tool Plant to invest $20M in modernization through 2035

Gomel Machine Tool and Components Plant (GZSiU) announced plans to invest about 60 million Belarusian rubles ($20 million) in modernizing its production facilities through 2035. The investment will focus on technical re-equipment and updating the machine tool park.

- Type: Investment
- Announced: 2025-01-20
- Where: Gomel, Belarus, Belarus
- Value: $20.0M (60.0M BYN)
- Starts operating: 2035
- Status: announced
- Products: CNC lathes, screw-cutting lathes, radial drilling machines, vertical drilling machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Gomel Machine Tool and Components Plant](https://endata.com/companies/82415.md)

## Sources

- [belta.by](https://belta.by/economics/view/gomelskij-zavod-stankov-i-uzlov-investiruet-br60-mln-v-modernizatsiju-proizvodstva-do-2035-goda-689973-2025/), 2025-01-20: "Около Br60 млн инвестирует Гомельский завод станков и узлов в модернизацию производства до 2035 года"

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