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The Kirov plant Mayak received an approved loan from the Russian Fund for Industrial Development to move its gas compressor production to series output of 120 units per year. The total project budget is 206.1 million rubles and is expected to create 22 jobs.
Planeta-Centr received a preferential loan of 246.8 million rubles from the Fund for Industrial Development to expand production of printed polymer packaging film and wicket bags in the Omsk region. The total modernization budget is 550.6 million rubles.
Udmurtia oil and gas equipment maker Technovek plans to expand its foundry section in Votkinsk with a 297 million ruble project, of which 146 million rubles may come as a concessional loan from the Fund for Industrial Development. The upgrade aims to raise monthly output of gate valves and fountain fittings and to boost exports by 202% by 2023.
Russia's Fund for Industrial Development approved a preferential loan of 110 million rubles to Atomspetsservis to produce spiral heat exchanger surfaces weighing 10 to 40 tonnes in Volgodonsk. The company would become the only Russian and third global producer of such equipment.
NPO Regulator opened a production facility in Yaroslavl for axisymmetric control valves for the oil and gas industry, a 878.9 million rubles project financed in part by a 150 million ruble loan from the Russian Industrial Development Fund.
