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Trans-Baikal boiler manufacturer has established export of products to Mongolia
Thanks to the help of the regional Industrial Development Fund and the Far East Development Corporation, the Trans-Baikal boiler plant Cascade Plus was able to export its products to Mongolia and also acquire a new workshop with an area of more than 1 560 sq.m. in order to expand the range of goods. “Our company has been cooperating with the Industrial Development Fund since 2017 of the year. Thanks to the support of this organization, our company was able not only to survive, but also to get the opportunity to confidently develop, develop and introduce new types of products, ”said Nikolai Arapov, plant manager, adding that the acquisition of new production facilities became available thanks to a soft loan provided by the regional FRP.
Since the beginning of the 2019, the Transbaikalia Industrial Development Fund has provided 16 support to local enterprises for a total amount of 45 million rubles. According to Elena Mirsanova, Director General of the regional FRP, assistance is provided to enterprises primarily in the field of equipment purchase, launching new product lines and implementing large, long-term projects. “Each achievement of our producers, each new goal gives us strength for further work. We understand that we are involved in the victories of our entrepreneurs, ”she said.