FRP has provided soft loan “Tula pharmaceutical factory”

The expert Council of the industry development Fund (PDF) has approved soft loan “Tula pharmaceutical factory” for the project on organization of production of medical gels and suppositories (candles) from allergies, inflammations, varicose veins, bacteria.

The company plans to produce 3.7 million packs of gels and 4 million candles. Medicine will be delivered at pharmacy “36,6”, “Stolicky”, “Be healthy!”. Today, according to the company, the share of foreign manufacturers in the market gels is of the order of 73%, and the market of candles – 33%. After the release of the new line at full capacity, these figures drop to 68% and 28% respectively.

The total budget of the project is 213,2 million rubles, of which 70 million could be provided FRP in the form of soft loan and 30 million rubles – in the form of a loan from the industrial development Fund of the Tula region.

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