State Support is Provided for Two Tomsk Companies

The Coordinating Council for the support of investment activities and the provision of state guarantees decided to provide state support for OOO Tomsky Instrumentalny Zavod (TIZ) and OOO Monetа investment projects.

The TIZ project is aimed at expanding the existing production of cutting tools, development of new competitive products with the potential for export via the acquisition of modern equipment and reconstruction of the production building. Acquisition of high-tech equipment will ensure the introduction of advanced technologies for metal-cutting tools mass production. The company's products have widespread use in various industries and they are in a constantly growing demand. The project will ensure a shift in the production structure towards an increase in the share of modern high-tech tools, which will contribute to expanding the geography of supplies, increasing exports and increasing the company's share in the market of metalworking tools in Russia.

State support for the project will be provided in the form of tax incentives and subsidies for reimbursement of the costs.

OOO Moneta is the R&D subdivision of the DI Group technology holding company. It is planned to create an international innovation and technology technopark “DI Labs” in Tomsk within the framework of the project. It will be a special space adapted to the needs of modern technology companies and individual developers in high-tech products and information technologies. The created technopark will be an engineering and technological complex that allows developing and launching new products on the market.

Companies of the DI Group holding company have many years of experience. They’ve conducted more than 100 studies and 58 projects launched into production. The most high-tech and technological components of the product are being developed in the R&D division of the DI Group. Currently, OOO Moneta has a technological base for more than 50 hardware products.

The project will get state support in the form of subsidies for costs reimbursement.

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• November
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