# TECHNONICOL to invest RUB 4 billion in Serpukhov plant modernization

TECHNONICOL will invest 4 billion rubles in 2025 in its glass wool insulation production plant in Serpukhov, Russia, including 2.5 billion rubles for a major modernization project that started in June 2024 and is expected to run until April 2026.

- Type: Investment
- Announced: 2025-02-24
- Where: Serpukhov, Russia, Russia
- Value: $44.0M (4.00B RUB)
- Starts operating: Apr 2026
- Status: under construction
- Products: mineral wool insulation, glass wool insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Technonicol](https://endata.com/companies/28410.md)

## Sources

- [tn.ru](https://www.tn.ru/about/press/news/v-2-5-raza-vyrastut-investitsii-tekhnonikol-v-razvitie-proizvodstva-v-serpukhove/), 2025-02-24: "Объем инвестиций ТЕХНОНИКОЛЬ в производство утеплителя на основе стекловолокна в подмосковном Серпухове в 2025 году достигнет 4 млрд руб."

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