KRASNODAR, September 19The Industrial Development Fund of the Krasnodar Territory will allocate 115 million rubles for the implementation of projects in Krasnodar, Armavir and Anapa; the support will allow updating the fleet of enterprise equipment, as well as purchasing raw materials for the production of industrial products, said Dmitry Tsaplev, director of the fund.
“In total, at the last meeting, the expert council of the fund (industrial development – ed.) approved three projects worth more than 115 million rubles. The support of the fund allows you to quickly update the equipment fleet, replenish working capital and purchase raw materials for the production of industrial products” , – the press service of the regional administration reports Tsaplev’s words.
According to the region’s Minister of Industrial Policy, Dmitry Khmelko, the fund’s expert council supported the Krasnodar company’s project to implement a technical update for the production of innovative equipment for waste disposal. The company will be provided with over 50 million rubles as part of the Development Projects (Regional Financing) program.
It is clarified that the experts also supported the machine-building plant project in Armavir. As part of the Business Turnover program, the industrial company will be provided with 50 million rubles. The funds will be used to purchase raw materials for the production of jacking systems that lift cars and locomotives, as well as for the production of equipment for the construction of railway tracks.
Under the “Priority” program, 15 million rubles will be provided to a furniture company in Anapa. This is a specialized program for manufacturers working in some of the priority industries for the region – light industry, furniture and woodworking. The manufacturer intends to purchase lumber with borrowed funds, authorities note.
