Translation. Region: Russian Federation –
Source: Moscow Government – Moscow Government –
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A Moscow-based cosmetics manufacturer has secured a preferential investment loan to acquire new premises thanks to assistance from the Moscow Fund for Support of Industry and Entrepreneurship. This was announced by the Deputy Mayor of Moscow for Transport and Industry. Maxim Liksutov.
"At Sergei Sobyanin's direction, the city is helping to attract investment to localize production of products in demand by residents. With the assistance of the Moscow Fund for Support of Industry and Entrepreneurship, one of the city's leading cosmetics companies received an investment loan of approximately 800 million rubles at a preferential interest rate for the acquisition of existing infrastructure," said Maxim Liksutov.
The company will locate its new production lines in the Noman industrial technology park, which covers over 13,000 square meters and is being built in southern Moscow as part of a large-scale investment project.
"The company will acquire over nine thousand square meters and 10 units of specialized equipment. The implementation of this project will create approximately 220 new jobs in the cosmetics industry," noted the Moscow Government Minister and Head of the Department of Investment and Industrial Policy.
The fund will provide interest compensation on loan agreements in the amount of 50 percent of the Bank of Russia's key rate. In 2025, the maximum size of a preferential investment loan in Moscow was increased from three to five billion rubles, and the preferential loan term was increased from three to five years. The compensation amounts to 50 percent of the key rate set by the Central Bank of the Russian Federation.
Since 2022, Moscow companies have attracted over 280 billion rubles for industrial projects thanks to preferential investment loans. To take advantage of the incentive, you must sign a loan agreement and then apply to the fund. Once your application is approved, a financial support agreement is signed to offset a portion of the loan interest costs. Then, depending on the interest deduction period, the required amount is transferred to the company's account at the bank where the loan was issued.
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