Concessional loans for RUB 18.6 bn were approved for the capital's enterprises

Enterprises can get preferential investment loans, which are available since last March.

Thanks to this support mechanism developed by the city, the companies not only solve the problems associated with logistics and the search for alternative suppliers, but also increase investment in the modernization of their sites, which will increase production. At the moment the city has approved such loans for RUB 18,6 bn to 11 enterprises in the capital. These enterprises employ about 6.000 people.

The companies can forward the received funds to purchase intellectual property rights, to buy new equipment, to create and reconstruct industrial infrastructure.

The assistance is approved for the enterprises producing cosmetic products, medicines, foodstuff, building structures, car components, as well as for the companies in the sphere of waste processing and other industries.