15 import-substituting companies of the Krasnodar Territory will be granted 1 billion rubles in 2023

Alexander Ruppel, Vice-Governor of the Krasnodar Territory, chaired the final meeting of the regional selection panel.

«With the support of the region, 15 industrial companies that have been selected this year will launch or expand import-substituting facilities. These are priority products of machine-tool and machine-building, chemical, pharmaceutical, light and timber industries. We will allocate 1 billion rubles for their development by the end of the year,» Alexander Ruppel said.

Four panels were held in 2023 to sel ect projects for financing.

Manufacturers of fire-resistant glass, paper and cardboard, silicon dioxide and activated carbon from rice husk are among the recipients of support. There are also enterprises producing boiler equipment, acrylic copolymers, hosiery, tableware, composite swimming pools, equipment for the processing industry and horticulture.

The first alkaline battery plant in Russia and manufacturers of video surveillance cameras, polymer components, cartridge system components, organobentonite, machine tools, and components for agricultural machinery also benefited fr om the support.