The first soft loan from the Industry Development Fund and the regional Entrepreneurship Support Fund was given to Scaffolds Plant in Gatchina under the financing programme Development Projects.
The budget of the investment project is 191.7 rubles. Using the provided funds the plant is planning to modernize the production of rung ladders and stepladders – two automated production lines will be acquired, as the result, it is planned to increase the production of stepladders by 3 times, of rung ladders – by 1.5 times by 2027.
The borrowed funds at a reduced rate (1%) were provided in the amount of 95.8 million rubles. Including 67 million rubles provided by the Industry Development Fund and 28.7 million rubles were provided as a loan of the Entrepreneurship Support Fund.
Economic Development Agency of Leningrad Region provides support to the implementation of the investment project of Scaffolds Plant.
