# GeXa-Netkanye Materialy receives loan for production modernization

GeXa-Netkanye Materialy from Tver Oblast received a 350 million ruble loan from the Industrial Development Fund to modernize production, increasing capacity by 65% to 1,700 tons per month.

- Type: Expansion
- Announced: 2021-11-02
- Where: Tver Oblast, Russia
- Value: $4.80M (350.0M RUB)
- Status: announced
- Capacity: 1,700 tons per month
- Products: nonwoven materials, medical disposable products, surgical kits, agricultural cover materials, roofing membranes
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [GeXa-Netkanye Materialy](https://endata.com/companies/58426.md)

## Sources

- [getsiz.ru](https://getsiz.ru/dva-rossiiskikh-proizvoditelya-netkan.html), 2021-11-01: "«Гекса-нетканые материалы» из Тверской области получит 350 млн руб. на модернизацию действующего производства с увеличением мощности на 65% – до 1,7 тыс. тонн в месяц."

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