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City approved preferential invest credit to meat producer

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The city continues to provide financial assistance to the capital's factories to expand and upgrade sites. Thus, a preferential investment loan in the amount of more than three billion rubles was approved by the manufacturer of meat products, PK Elitgroup Invest. The rate under the program of the Moscow Fund for the Support of Industry and Entrepreneurship is three percent. Today, the company continues to build the second stage of the plant for the manufacture of products from processed meat. The implementation of the project will create 300 new jobs.

Funds received under the preferential investment lending program can be used by companies to acquire rights to the results of intellectual activity, purchase new equipment, and create and reconstruct industrial infrastructure in the city.

The manufacturer's site will produce meat and meat and vegetable canned beef, pork, chicken, turkey both in cans and in lamister packaging. The city leased the land to the investor without bidding.

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