Czech concern Witkowitz goes to invest €50 mln to Southern machinebuilding plant after Makarov

Czech concern Witkowitz specializing at manufacturing of mashinebuilding equipment announces investment €50 mln to Southern machine building plant after Makarov (Yuzhmash, Ukraine, Dnipropetrovsk region).

Czech concern Witkowitz goes to invest  €50 mln to Southern machinebuilding plant after Makarov

According to the plan Witkowitz makes new production capacity. Particularly, it is about  projects of reconstruction of railway diesel engines and hydrogen engine manufacturingю

“The project will approximately start at the end of 2020. Up to the term three industrial areas will be constructed. First is a wheelset repair shop with the volume of investments €10 mln. The second one is the wagon repair shop with the volume of investments about €2 mln. The third part of the project is a locomotive repair shop. Here the volume of investments is a little less than €10 mln”, - press service of Southern machine building plant informs.

Moreover it is planned to build the trading area of an authorized dealer of Witkowitz.

Remind that Southern machine building plant after Makarov is large industrial entertainment producing products both for space and for  defense sectors.