Moscow provided the capital's producer of sausages with a preferential loan for the development of exports

The capital's sausage manufacturer received a five-year concessional loan in the amount of 100 million rubles from the Moscow Fund for Support of Industry and Entrepreneurship. The company will allocate funds for the development of EXPORT activities.

"A loan in the amount of 100 million rubles was issued to an enterprise as part of the Export Agro-Industrial Complex product, which was developed by the Moscow Industry and Entrepreneurship Support Fund for agro-industrial companies aimed at developing foreign economic activity. The funds were provided at a preferential rate of 5.5 percent per annum. Thanks to With this support, over the next five years, the manufacturer will increase exports by at least 130 million rubles, which will allow the company to expand production, increase revenue and save jobs," said Deputy Moscow Mayor for Economic Policy and Property and Land Relations Vladimir Efimov.
Previously, the Dymov company has already applied to the Moscow Fund for the Support of Industry and Entrepreneurship. So, at the beginning of 2022, the company received a preferential loan in the amount of 200 million rubles for the development of export activities.
For the last 10 years, the city has been systematically helping the capital's industry. At least 20 support measures are available to Moscow companies.
"The Moscow Fund provides loans of up to 300 million rubles at a rate below the bank rate. In 2021, manufacturers of the food, light and medical industries took advantage of this preference. The amount of loans issued reached 1.1 billion rubles," said Vladislav, HEAD of the Moscow Department of Investment and Industrial Policy Ovchinsky.
The Moscow government approved a set of anti-crisis measures to support business in March 2022. The city provides preferential loans to industrial enterprises and investors who create non-residential facilities in the capital. In March, the Moscow Fund for the Support of Industry and Entrepreneurship received 20 billion rubles for these programs. Today, more than 60 enterprises have already taken advantage of anti-crisis support from the fund. These are manufacturers of food products, cosmetics, pharmaceuticals, microelectronics and electrical equipment, and mechanical engineering enterprises.