# VTB lends 300M rubles for nitrile glove plant in Tolyatti

VTB Bank issued two loans totaling 300 million rubles to Samara Medical Products Plant (SZMI) for construction of Russia's first nitrile examination glove plant in the Tolyatti SEZ. Total investment is 360 million rubles, with capacity of 108 million pairs per year.

- Type: New facility
- Announced: 2019-01-31
- Where: Tolyatti, Samara Oblast, Russia
- Value: $4.50M (300.0M RUB)
- Starts operating: 2019
- Status: under construction
- Capacity: 108 million pairs of gloves per year
- Products: nitrile examination gloves
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Samara Medical Products Plant](https://endata.com/companies/31347.md)
- [VTB Bank](https://endata.com/companies/37008.md) (investor)

## Sources

- [vademec.ru](https://vademec.ru/news/2019/01/31/vtb-kreditoval-300-mln-rubley-stroitelstvo-v-tolyatti-zavoda-nitrilovykh-perchatok/), 2019-01-31: "Предприятие создается на территории особой экономической зоны (ОЭЗ) «Тольятти», общий объем инвестиций оценивается в 360 млн рублей."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
