29 Sevastopol industrial projects were implemented with the support of the Development Fund

The Sevastopol Industry Development Fund for 5 years has been an important tool for supporting the production sector of the city’s economy.

During this time, the organization has become a reliable partner for enterprises, helping them develop and strengthen the economic potential of the region. 29 projects in the field of industrial production were funded. Within the framework of these projects, enterprises acquired modern equipment: CNC processing centers, multifunctional machines, equipment, industrial printers of 3D/5D printing and other specialized equipment. Thanks to this, 250 new jobs have been created. The volume of shipped products of own production amounted to 8.6 billion rubles — this is a wide list of goods,-quoted the press service of the Government of Sevastopol, Deputy Governor Maria Litovko.

Today, enterprises produce high -tech products for the shipbuilding and electronic industries, building materials, elements of ventilation systems, goods for children, as well as furniture, packaging and other household items.

The amount of projects implemented with the support of the fund is 900 million rubles, of which 365 million rubles are provided in the form of preferential loans. The rate on them does not exceed 5% per annum, which allows enterprises to modernize production, purchase new equipment and master the production of new products.

In addition to loans, the fund issued 25 grants in the amount of 64.7 million rubles to compensate for costs. An electronic catalog of industrial enterprises has also been created and works, which presents more than 300 types of products of local manufacturers. The Sevastopol Industry platform has become a convenient tool for finding goods and services of regional companies.

Source: press service of the Government of Sevastopol