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11 INDUSTRIAL COMPANIES OF MORDOVIA MADE IT TO THE FEDERAL LIST OF MANUFACTURERS OF REGIONAL IMPORTANCE

Based on the results of regional qualification selection held by the Ministry of Industry and Trade of the Russian Federation, a federal list of manufacturers of regional importance that implement programs to increase export competitiveness has been approved. It includes eleven Mordovian companies: Ruzkhimmash, VKM-Stal’ (VKM-steel), Plyterra, Volokonnye Systemy (Fiber Systems), Mordovvtorsyryo (Mordovia’s Recycled Materials), Electrovypryamytel’ (Electro rectifier), Saranskkabel-Optika (Saransk cable-optics), Leader-Compound, M-cable, Rezinotekhnika plant and Saransk Instrument-Making Plant.

According to the Minister of Industry of the Republic of Mordovia Alexander Sedov, only these eleven applications from Mordovia were submitted for the selection and all of them were satisfied.

“The enterprises that have qualified are now signing agreements with The Ministry of Industry and Trade of the Russian Federation,” said Alexander Sedov. - Then, they will receive all the support measures provided for by the national project.