Krasnokamsky RMZ confirmed its participation in subsidy program No. 1432 in 2018 - KRMZ Innovation
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Krasnokamsky RMZ confirmed its participation in subsidy program No. 1432 in 2018

03/19/2018
Krasnokamsk Machinery and Repair Plant signed an agreement with the Ministry of Agriculture of the Russian Federation to extend its participation in subsidy program for manufacturers of agricultural machinery and equipment (Decree No. 1432) for 2018.

List of manufacturers selling machinery under the subsidy program this year includes 17 companies. Krasnokamsky RMZ is among them.

The Plant has joined the subsidy program annually since its launch in 2013. Its efficiency is expressed in growth of production volumes, in 2017 over 250 equipment items were sold. 

Within scopes of the program Krasnokamsky RMZ offers to farm operators the broad range of machines aimed to implement the unique in-line haylage technology enabling to improve quality of grass forage: balers, high-speed bale wrappers, roll cutting machines, and universal FRONTLIFT front-end loaders.

"We consider it expedient to participate in the subsidy program. On the one hand, farmers receive a significant discount, and the equipment is getting more affordable. On the other hand, the company does not incur losses from reduced market value as it receives reimbursement from the Ministry of Agriculture. We think that the program is an effective instrument allowing Russian farm operator to renew their fleet, and equipment manufacturers to develop and to increase volume of sales", Dmitry Teplov, Director of Krasnokamsk Machinery and Repair Plant, noted

It is worth reminding that the national subsidy program allows Russian farm operators to buy machinery from some manufacturer with the discount of 15-20%. The amount is recovered by the Ministry of Agriculture of the Russian Federation within scopes of a budget allocated. In 2018 its amount was RUB 10 billion. For 5 years state aid volume has increased RUB 34 billion.
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