# Powerz group to add large-diameter three-eccentric valve production in Veliky Novgorod

Novgorod group Powerz is completing a 120 million ruble investment project to produce large-diameter three-eccentric valves, with a workshop due by spring 2024 and up to 40 new jobs. The news was reported on 2023-10-19.

- Type: Expansion
- Announced: 2023-10-19
- Where: Veliky Novgorod, Novgorod Oblast, Russia
- Value: $1.30M (120.0M RUB)
- Jobs: 40
- Status: under construction
- Capacity: 2,300 square metre workshop
- Products: three-eccentric valves of large diameters
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Powerz](https://endata.com/companies/11120.md)

## Sources

- [news.novgorod.ru](https://news.novgorod.ru/news/novgorodskaya-gruppa-kompaniy-pauerz-organizuet-proizvodstvo-trekhekscentrikovykh-klapanov-bolshikh-diametrov--194839.html), 2023-10-19: "Объем инвестиций по проекту составит 120 млн рублей. На новые площади трудоустроят до 40 человек."

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