Volgograd-based Forte Prom Steel received a loan of half a billion rubles and plans to triple its production this year already, to 600 thousand heating units, compared to last year. This was reported by the press service of the SME Corporation, which provided a guarantee for the loan.

"Forte Prom Steel" company attracted a loan of 500 million rubles in Expobank to improve the efficiency of production of heating radiators. <...> As the company noted, already in 2021 the volume of production of heating devices is planned to increase up to 600 thousand pieces, which is three times higher than similar indicators of 2020," - the report says.

According to Roman Vinokurov, the general director of the company, the company expects to become one of the ten leaders in the radiator heating market this year or next year through the launch of a new plant for the production of steel radiators and the increase in demand for import-substituting products at affordable prices.

The Forte Prom Steel plant produces steel panel radiators for heating. The factory complex occupies over three hectares and includes a production area of 11 thousand square metres and an office complex with 4.5 thousand square metres. The company employs about 140 people.

Made in Russia // Made in Russia

Author: Ksenia Gustova