# Rostselmash invests 7 billion rubles in production development in 2024

Rostselmash invested 7 billion rubles in production development in 2024, including the launch of three new plants: a tractor plant, a transmission plant, and an agricultural machinery plant. The transmission plant in Rostov-on-Don cost over 10 billion rubles and opened in February 2024; the Taganrog plant for trailed and mounted equipment cost 2.5 billion rubles and opened in February 2024; the tractor and road-building machinery plant in Rostov opened in March 2024.

- Type: Expansion
- Announced: 2025-01-22
- Where: Rostov-on-Don, Taganrog, Russia
- Value: $77.0M (7.00B RUB)
- Starts operating: Feb 2024
- Status: completed
- Products: tractors, transmissions, agricultural machinery, road-building machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Rostselmash](https://endata.com/companies/44497.md)

## Sources

- [dg-yug.ru](https://dg-yug.ru/news/20167482.html), 2025-01-22: "Компания запустила тракторный завод, завод трансмиссий и завод сельхозтехники"

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