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22 November 2021, 07:03

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Photo by E. Samarin.

More than three thousand industrial enterprises operate in the capital.

The volume of production of the manufacturing industry in the capital since 2010 has increased by more than one and a half times.

More than three thousand industrial enterprises operate in Moscow. The manufacturing industry has shown the most confident growth over the past three years. In 2018, production increased by 11 percent compared to the same period last year, in 2019 it grew by 7.1 percent, and in 2020, production increased by 16.4 percent.

The volume of goods shipped by Moscow enterprises has almost tripled over 11 years – from two trillion rubles to almost six trillion rubles, said the Deputy Mayor of Moscow for Economic Policy and Property and Land Relations Vladimir Efimov… The positive dynamics was provided by significant growth in certain groups of goods.

“A significant growth was recorded in the production of electrical equipment – 3.7 times, finished metal products – 3.8 times, radio electronics and instrument making – 4.1 times. The production of rubber and plastic products has also quadrupled, ”said the head

Department of Investment and Industrial Policy of Moscow Alexander Prokhorov

A significant contribution to the manufacturing industry in Moscow was made by one of the four largest manufacturers of cable and wire products in Russia – the Moskabelmet group of companies. About 10 percent of the total production is exported, primarily to the CIS countries.

The largest enterprise producing finished metal products is the manufacturer of air ducts and ventilation systems GalVent Ventilation Factory. The company’s share on the Russian market in its segment is more than 40 percent, and its products are imported by Belarus and Kazakhstan.

The radio electronics segment in Moscow is represented by various companies, including those producing microelectronics and equipment. Among them is the Mikron plant – the leading manufacturer of microelectronics in Russia, producing more than 40 percent of domestic microcircuits. It accounts for more than half of Russian electronics exports.

The development of the manufacturing industry is facilitated by the city’s comprehensive support – from subsidies and soft loans to tax preferences. Today, 129 companies are receiving assistance, including over 60 enterprises with the status of an industrial complex.

For example, in 2020 this status was assigned to the Scientific and Technical Center (STC) “Bakor” – a leading developer and manufacturer of special refractories, industrial filtering equipment and dust and gas cleaning systems. The new status allowed the company to save about 10.1 million rubles. Some of these funds were immediately directed to the production of a pilot plant for thermal waste disposal (TPD) with an innovative gas cleaning system.

The Moscow Fund for the Support of Industry and Entrepreneurship also provided the company with a loan under the Export program in the amount of 200 million rubles to replenish working capital and purchase equipment (grinding, milling, engraving machines, high-temperature furnaces for firing products, loaders, equipment for a research center, etc. much more).

As a result, the company expanded its presence in foreign markets and in 2021 increased its export volume by 35 percent compared to the previous year. Today STC Bakor supplies its products to 16 countries, including Australia, Austria, Belarus, Germany, India, Macedonia, Mexico, Peru, USA, Chile, South Korea, Japan and others.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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