Three factories in Dagestan to receive RUB 90 million of state subsidies


Three factories in Dagestan have applied for state support to expand their production facilities. One of the expansion projects, announced by the Ekotar cardboard factory, has been approved by the regional Ministry of Industry and Trade. The company plans to receive RUB 20 million from the Industrial Development Fund to expand its production capacity.

Caspian Glass Fiber Plant LLC also intends to receive 20 million rubles to purchase raw materials for the production. Dagestan Cement LLC has announced plans to build a workshop to produce cubic crushed stone, with a loan financing amount of RUB 50 million.

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