Over ten months in 2018 tax revenues have grown by 4.7% as compared with the similar period last year.
As reported by the Department of industrial policy of Krasnodar region, the industrial production index made 103.3% within January-October.
The Department added that the enterprises of the region shipped domestically manufactured goods worth more than 227.2 billion rubles or 112.5% as compared with the similar period last year.
The promotion of industrial development is one of the key priorities for Governor Veniamin Kondratyev. In 2018 a series of large projects in this area was completed with the support of the region.
Thus, the forth production line «Abinsk Electrometallurgical Plant» – steel wire shop – was launched. The operation of the shop enabled to provide 120 job seats. Total investment amounted to approximately 1.2 billion rubles.
In April, the first shop for manufacturing complex water-soluble fertilizers of «EuroChim-BMU» enterprise was opened in Belorechensk. Investment for implementation of the project amounted to more than 1.3 billion rubles.
In August 2018, a reorganized Kuban plant named after Sedin started its operation in Krasnodar. «Southern Heavy Machine Tool Plant» became successor of the well-known enterprise with a century long history. Due to the production launch, as many as 300 new job seats will emerge in the region until 2020.
Furthermore, two upgraded shops were launched at Krasnodar plant «KLAAS» in autumn. The reconstruction was carried out within the scope of the first special investment contract concluded by the Ministry of Industry and Trade of Russia. The commissioning work on the additional production area of 2200 sq.m. started in September. Thus, «KLAAS» continues to invest into the development of the production capacities of Krasnodar plant. The company has already invested 3 million Euros into the project implementation.