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Production volumes of manufacturing companies in Russia grew by 10%

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Production volumes of manufacturing companies in Russia grew by 10%

The Ministry of Industry and Trade (Minpromtorg) records growth of industrial production in Russia, it exceeds 10% in many sectors of manufacturing industry, the ministry said after the final meeting of the collegium.

"Thanks to the measures taken by the government and, in particular, by the Ministry of Industry and Trade, Russia has managed to keep the economic slowdown within moderate limits and deploy new capacity. Today Russia can produce 15 times more medical masks, 33 times more protective suits, 40 times more medical gloves. The brilliant work of biotechnologists, who developed four vaccines against coronavirus, is embodied in the production of tens of millions of doses... We can see the results of all this work by the results of the first months of this year. Between January and April we saw an increase in industrial production as a whole. And in many sectors of the manufacturing industry growth exceeds 10%, "- the words of Prime Minister Mikhail Mishustin are cited in the message.

Head of the Ministry of Industry and Trade Denis Manturov noted that Russian enterprises have learned how to quickly build up capacity, expand inter-industry cooperation and involve small business in solution of national tasks.

"Our companies have proved that they can design new products in a short time. And we, for our part, have helped to shorten the cycle from development to mass production by optimizing all procedures, including testing and certification. For example, due to fast-track registration in pharmaceuticals, the time to market for new drugs has been reduced from 1.5-2 years to 5-6 months," he said.

Made in Russia // Made in Russia

    Author: Karina Kamalova


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