MOSCOW (MRC) - TD West-Vostok (Vidnoye, Moscow Region) will receive over 90 million rubles in financing to expand production, according to a press release from the SME Corporation, said the company.
The total cost of the equipment modernization project is estimated at 173 million rubles. Modern equipment will allow the company to increase the volume of labels production by almost 2 times, increase production efficiency by reducing the volume of technological waste, increasing the quality and speed of production. The equipment modernization project will create more than 20 new jobs.
As part of the leasing transaction, the SME Corporation (VEB Group), with the support of the Regional Leasing Company of the Yaroslavl Region and the Regional Leasing Company of the Republic of Bashkortostan (subsidiaries of the forms.
The first batch of equipment has already been delivered and put into operation. The second batch will arrive at the enterprise in the fall of 2021 and includes four more pieces of equipment, three of which are equipment for automatic washing of parts, shafts and molds.
It is noted that the introduction of modern washing equipment will increase the life of parts by more than 25% and reduce costs through the introduction of environmentally friendly technology of a closed production cycle and the use of environmentally friendly cleaning fluids.
The SME Corporation provides preferential leasing support through a network of subsidiary regional leasing companies (RLC). Small business representatives or individual entrepreneurs from any region of the country can apply to one of four RLCs (in Tatarstan, Bashkortostan, Yaroslavl Region, the Republic of Sakha (Yakutia) and receive financing up to 50 million rubles for up to 7 years. The preferential rate for leasing domestic equipment is 6% per annum, for foreign - 8%.
Earlier it was reported that Danaflex (Tatarstan) launched the production of IML labels for food and non-food products. IML (In Mold Labeling) is a polymer film-based label that is fused in a mold; the technology is the most progressive method for decorating rigid polymer packaging.
According to the ScanPlast survey of MRC, the estimated consumption of PE in Russia amounted to 953,400 tonnes in the first five months of 2021, which actually corresponds to the indicator for the same period a year earlier. The supply of low-density polyethylene (HDPE) decreased.
TD West-Vostok has been operating on the market since 2007 and is engaged in the production of self-adhesive labels and flexible packaging. Working in niche segments and working with a wide pool of clients allowed the company to increase production by more than 50% in 2020. The company's revenue last year amounted to about 400 million rubles, which is 74% higher than in 2019.
MRC