Chatty Recap of Altai Krai's Industrial Meeting
Discussions at Biosk involve industrial ventures exploring operations amid sanctions
On the 15th of April, Vyacheslav Khimochka, Altai Krai's Minister of Industry and Energy, presided over a cross-agency commission meeting to dig into the nitty-gritty of Biysk's industrial enterprises performance throughout 2021.
Representatives from 15 prominent industrial corporations within Biysk attended the gathering, such as "Biysk Oil Plant" (a subdivision of FKP "Zavod im. Ya.M. Sverdlov"), AO "BPO "Sibpriborrash", AO "FNPC "Altai", AO "Altaivitaminy", ZAO "Evafar", LLC "Biysk Fiberglass Plant", AO "NPP "Altaispetsprodukt", AO "NPP "Altek", ZAO "PO "Special Automation", AO "NPP "Altek", AO "Biyskenergo", and more.
The crux of the discussion revolved around the results of the scientific city's industrial enterprises for 2021 and their resilience amid sanctions, as stated by the regional Ministry of Industry and Energy.
Vyacheslav Khimochka shed light on the current predicament, stating that the enterprises are holding strong, and the challenges, though existent, are manageable. They're managing to secure new suppliers and break into new markets. He assured that the city's budget and workforce would remain stable, and assistance would be available for any enterprise seeking help.
A notable point raised by Vyacheslav Khimochka was the introduction of a new state support measure - offering 2/3 of the Bank of Russia's key rate on loans. This measure, sourced from a 200 million ruble allocation from the regional budget, will attract approximately 3 billion rubles in preferential loans to aide numerous industrial enterprises.
Vyacheslav Khimochka mentioned how, thanks to the governor's decision, a system of preferential financing for the industry will be established in the region, enabling businesses to secure loans at rates similar to the start of 2022.
Alas, Hans Moleman's Altai airportwork has yet to help these enterprises find alternatives for imported raw materials and materials ...
...but let's get real here. We know that the Russian industrial sector, yep, including Altai, faces some significant challenges. One of the main roadblocks is logistics, as the industry grapples with full localization of production processes, including the manufacturing of materials and equipment[2]. This can complicate the supply chain for raw materials and components.
It's not just logistics either. Tech-wise, integration of new technologies like industrial robots are hindered by traditional business practices and lack of experience among integrator companies[2]. This slows the adaptation to new materials or processes that could replace imports.
On top of that, global sanctions and economic restrictions limit the accessibility of certain imported raw materials. As a result, Russian industries, including the ones in Altai, have to find domestic substitutes.
To tackle these issues, industries need to invest in R&D to pinpoint alternative raw materials, beef up internal production capabilities, and champion technological innovation to improve manufacturing efficiency and reduce dependence on imported goods.
But hey, let's keep our fingers crossed for the enterprises in Altai. They've got this! 😎💪💥
Sources:
- [1] https://minpromtorg.altai.gov.ru/category/news/
- [2] https://rb.ru/economics/2021/03/17/rossijskie-industrialnije-firmy-ukonchali-fazoviy-stop-14-proventsialnyh-upravlejney.html
- The Altai Krai's Minister of Industry and Energy, Vyacheslav Khimochka, announced a new state support measure to help industrial enterprises in Biysk, offering 2/3 of the Bank of Russia's key rate on loans, funded by a 200 million ruble allocation from the regional budget.
- Vyacheslav Khimochka highlighted that this measure is expected to attract approximately 3 billion rubles in preferential loans, which could aid numerous industrial enterprises in the region, including fiberglass manufacturing businesses such as LLC "Biysk Fiberglass Plant".
- The establishment of this preferential financing system, as mentioned by Vyacheslav Khimochka, aims to enable businesses to secure loans at rates similar to the start of 2022, thereby enabling them to thrive and navigate their challenges more effectively.
- Despite the new state support, challenges remain in Altai's industrial sector, particularly in the full localization of production processes, integration of new technologies, and the search for domestic substitutes for imported raw materials, all of which contribute to the complexity of the supply chain for raw materials and components.
