News
FRP Approved a Concessional Loan of 132.5 Million Rubles to Polotnyano-Zavodskaya Paper Manufacture
The Expert Council of the Industrial Development Fund approved a concessional loan of 132.5 million rubles to the Polotnyano-Zavodskaya Paper Manufacture. The funds will be used to expand the production of eco-friendly packaging.
The Polotnyano-Zavodskaya Paper Manufacture was founded in 1718 by the order of Peter the Great. The company currently employs more than 400 employees. The average salary is 53 thousand rubles.
The manufacture is constantly expanding its range of products and currently produces more than 500 items. Last year alone, production more than doubled.
In 2021, PZBM LLC in Kondrovo acquired several buildings and land plots of Gigiena-Servis Med LLC after the company went bankrupt. Investments amounted to 255 million rubles. These areas will now be used to produce about 200 million pieces of notebooks, albums and notepads a year. It is planned to complete the transfer of notebook production in full by mid-2022.
According to the press service of the Government of the Kaluga region.
03.02.2022
Share in
Other news
Investment digest
Printed products
Production placement application
Establishment of industrial parks with high quality sites with all relevant utilities for new plants construction ensures well-balanced distribution of industrial facilities throughout the region with due consideration of transport, utilities and social infrastructure development and future labor resources development.
If you are interested in placement of a production facility at an investment site, please fill in the online application form.
Thank you!
You successfully subscribed to news digest
Thank you!
Your message has been sent.
error
Error!