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Mass media / News

Volgograd hardware plant will receive a soft loan to Fund the development of the industry

News — Volgograd 27.11.2019 at 07:04

News portal of Volgograd and the Volgograd region

Nearly 68 million roubles from Federal and regional Funds of development of the industry will draw for the implementation of investment projects in Volgograd hardware plant. The funds will be spent on mastering a new kind of fasteners. Modernization of equipment is more than 2.5 times increase productivity of the line.

According to the Committee of industry and trade of the Volgograd region, the plant plans to start production of bolts and nuts the demanded diameters, to increase the line capacity from 90 to 240 items per minute. Main consumers of the products become large producers of agricultural machinery and railway rolling stock and repair business. Fasteners used in the Assembly of tractors, combines, seeders, wagons, construction machinery. In the future, the company intends to begin production of screws, bolts and screws for the construction industry, as well as fasteners for the automotive industry.

Total project budget of 67.9 million rubles, of which 31.9 million rubles ready to give as a subsidized loan, the Federal industry development Fund, to 13.7 million rubles from the regional Fund.

let's Remind, realization of the industrial potential of the Volgograd region is one of the priorities identified by the Governor Andrei Bocharov. Continuing targeted work with investors — so the establishment of the technology cluster on the basis of the Volgograd aluminum plant discussed yesterday at the working meeting of the head of region and head of the company "RUSAL". At the regional level, there are more than 50 types of support investors, the region also actively uses Federal and private development institutions for modernization of existing and creation of new industrial productions. For example, we were among the first in the country signed a cooperation agreement with Federal Fund of development of the industry, so that enterprises in the region attracted almost half a billion rubles of soft loans. In addition, a regional industry development Fund, with the help of industrial organizations have received preferential loans totaling more than 145 million rubles.

the Support of the industry development Fund has recently secured it Volzhsky Zavod and OOO "GK Avtokomtekhnolodzhi". The Fund's programs allow Russian enterprises to access preferential debt financing necessary to start production of unique domestic products, as well as analogues of advanced international developments. Loans at 1%, 3% and 5% annual for the term up to seven years in the amount of from 5 to 750 million rubles stimulate the inflow of direct investment in the real sector of the economy.

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