The history of creation and development of "VOLGABURMASH" is directly linked with the development of the oil industry in the Ural-Volga region, Samara, Perm regions, Tatarstan and Bashkortostan. The fast pace of growth in oil drilling required to increase the release of drill bits and drill pipe locks. Based on this need, in a May 1948 order of the Ministry of Oil Industry of the Eastern areas of the construction of the Kuibyshev machine-building plant was issued.
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