St. Petersburg enterprises will receive more than 405 million rubles for development

Several enterprises in St. Petersburg will receive funds to support their projects. They will be allocated more than 405 million rubles from the city's Industrial Development Fund.

According to the 78 TV channel, the Arsenal machine-building plant will receive 294.1 million rubles for 60 months at 7% per annum. The company manufactures civil engineering products and equipment for space exploration. The allocated funds will be used to purchase research equipment for the production of new high-tech products. As a result, the company will send more than 20 million rubles of taxes to the budgets of all levels.

The Polymet-Service company, which manufactures metal tools, will receive 44.9 million rubles for up to 60 months at 5-7% per annum. This will make it possible to pay the purchase price of industrial equipment purchased on lease to increase the capacity of the enterprise. Tax revenues to budgets of all levels are expected to exceed 30 million rubles.

LUZAR will be allocated 66.4 million rubles for 60 months at 3-7% per annum. The company produces components for the automotive industry. The funds will be used to purchase five injection molding machines. After the project is implemented, tax deductions to budgets of all levels will amount to about 26.6 million rubles.

Earlier it was reported that the XXVIII SPIEF resulted in the signing of 1,000 agreements, the total amount of which exceeded 6.3 trillion rubles. In 2025, more than 24,000 people from 144 countries came to Russia's main business event. 300 events have been prepared for the guests. The Russian Federation managed to hold 24 business dialogues with key countries and regions.