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16 Nov 2020

Anti-Crisis Business Support: 2,300 Entrepreneurs Got Rent Free Holidays

2,300 Moscow entrepreneurs have received 4-month rent free holidays for city premises within the anti-crisis business support initiative. Thus, they saved RUB 2.36 bn.

The largest amount of support was provided to retail companies, followed by household services, and hotels were on the third place. The rent free holiday id available until the end of the year.

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A key story is industrial cooperation

Merck Company does not need to be introduced: more than three centuries of presence at the global health care market, life science and high-tech materials developing speak for themselves. CEO of Merck Life Science in Russia and the CIS Heinz Schmidt told in an interview to investmoscow.ru about the company's mission in our country and innovation laboratory work in the capital.

Moscow Pharmaceutical Factory

The history of the Moscow Pharmaceutical Factory began in the 1930s. Moscow had a fast-growing demand for medications and pharmacies were cropping up. Mostly, factories produced “galenic” medications (tinctures, extracts, and drops based thereon) derived from medicinal plants: motherwort, valerian root, calendula, eleuthero, etc.

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