# NBM group opens pipeline valve plant in Veliky Novgorod, Russia

The NBM group opened a plant in Veliky Novgorod through its subsidiary T-ARM LLC to produce pipeline valves for the oil, chemical and gas industries. The first stage cost 400 million rubles and plans for up to 100 new jobs.

- Type: New facility
- Announced: 2023-10-03
- Where: Veliky Novgorod, Russia
- Value: $4.20M (400.0M RUB)
- Jobs: 100
- Status: completed
- Products: pipeline valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [NBM group](https://endata.com/companies/10438.md)
- [T-ARM LLC](https://endata.com/companies/10439.md)

## Sources

- [news.novgorod.ru](https://news.novgorod.ru/news/v-velikom-novgorode-otkrylsya-zavod-po-vypusku-truboprovodnoy-armatury---194539.html), 2023-10-03: "Предприятие построено на средства инвестора."

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