The industry development Fund launched a program to counter the epidemic

To receive a loan under this program in co-financing of the applicant is not required. The enterprise can use the preferential loan for the purchase of necessary equipment, raw materials and components. The company can get from 50 up to 500 million roubles under 1% annual for the term up to two years. In the first year of the loan, the borrower is exempt from payment of the main debt. FRP is considering projects in an accelerated mode and in a simplified form. From financially stable companies are not required to provide “hard” collateral. This allows to significantly reduce the time for preparation of documents and to quickly Fund the production of highly in demand products.

the Fund shifted to maximum support manufacturers of products aimed at combating coronavirus. All incoming FRP payments on previously issued loans and interest in order of priority for funding preventive projects.

“currently in the line of FRP approved approximately 50 loans for a total of 14.5 billion rubles. 30 projects have already received funding worth over 10 billion rubles. Thanks to these funds, many enterprises have increased their production volumes and began to produce the necessary products”, – said the Minister of industry and trade Denis Manturov. “We are talking about the production of the most in demand products: rapid tests for the detection of coronavirus, ventilators, antiseptics, medical masks, PPE, antiviral medicines and imagers”, – told the “Russian newspaper” Director PDF novel Petrucha.

With the borrowing of FRP (1.6 billion rubles), “the Ural instrument-making plant” 10 times to increase production of ventilators “AVENTA-M” and release more than 5,000 a ventilator until the end of may (15 000 to the end of the year). “Ural optical-mechanical plant” thanks to the loans from the FRP in the amount of 750 million rubles will produce 500 multifunctional devices “MAIA-01”. They are designed for carrying out inhalation anesthesia and artificial lung ventilation. The company also will release a 21 thousand of humidifiers breathing mixtures. In addition, the company of Moscow region “Interoko” thanks to the loan of 500 million rubles will produce more than 900 thousand breathing circuits and 3.5 million filters for medical ventilators. The use of disposable circuits is especially important given the large flow of patients. “Plant Medsintez” in the Sverdlovsk region and the company pharmasyntez in Irkutsk region due to the FRP loans for a total volume of 1.2 billion will increase its production of antiviral drugs. These companies until the end of may will release one million packages of drugs. The company “Synthesis” in the Kurgan region also UV��elicit the release of various drugs recommended by the Ministry of healthcare for the treatment of viral infections. She approved a loan of 500 million rubles.

In the Ivanovo, Leningrad, Novosibirsk, Sverdlovsk, Tver oblasts, Perm Krai and the Republic of Tatarstan approved funding for a number of projects for the production of gauze, medical masks, safety glasses and disposable gloves for a total sum more than 1,4 billion rubles.

“We are preparing our real sector to a completely new reality, with new demands and patterns of consumer demand, and we now have a unique opportunity to translate the engine of the entire real sector on a new track and significantly improve its position given the changing structure of the global market. All that we are now at an accelerated pace produced primarily for domestic consumption, tomorrow we will be in even greater volumes to be exported”, – said Denis Manturov. “One only masks now produced more than eight million units per day, and it’s already more than what we promised to release by the end of the month. We are now depends on how to be involved in this production of the enterprises of small and average business. Because of this, they can provide employment to many thousands of people and to obtain in the future a ticket to foreign markets with new products in demand”, – said the Minister.