Moscow manufacturers have increased the production of building materials

Working in the enterprise. Archive photo

Capital producers in six months more than a third increased the production of building materials in comparison with last year, according to the website of the Moscow mayor.

“Today, the city has 215 manufacturers of construction products, including 28 large and medium. Capital to businesses produce ventilation systems for industrial buildings, doors, Windows, metal construction, and a number of other products. The industry is actively developing. For the first six months of this year, Moscow, building materials manufacturers have increased production by 39.3% compared to the same period in 2021,” are available on the website of the words of the Deputy mayor for economic policy and property and land relations Vladimir Yefimov.

Added that for six months of the Moscow enterprises of the construction industry supply products of 86.9 billion, which is 4.8% more than the year before.

“Capital building materials manufacturers continuously implement in their work new technological solutions, develop innovative products, go to domestic products and components, and expand the geography of supplies. Investments in fixed capital in the production of construction materials in small and medium enterprises for the first quarter of 2022 972 million rubles, which is almost six times more than the same period in 2021,” are available on the website of the words of the head of the Moscow Department for investment and industrial policy, Vladislav Ovchinsky.

It is noted that the capital available to companies of more than 20 of the support of the city, as well as new instruments for crisis management support. In addition, in March 2022 from the budget of the city of Moscow in the industry support Fund and entrepreneurship sent an additional 20 billion rubles for compensation rates of Bank loans for working capital, implementation of investment programs and projects in the non-residential purposes.