Loading…
Russian manufacturer GMS Group disclosed a combined investment program exceeding 35 billion rubles for modernization and new capacity, including 12 billion rubles invested in 2014-2022 and over 23 billion rubles planned for 2023-2026. Projects include pump and compressor plants in Orel, Kazan and Zelenodolsk and a facility in Livny.
JSC GMS Livgidromash plans to invest RUB 8 billion in a new production complex in the Oryol Region to make medium-capacity pumps for refining, petrochemical, oil and gas, and energy industries. The investment agreement was signed ahead of the St. Petersburg forum, with full capacity expected in 2026.