DSK1-Rostokino

The DSK1-Rostokino plant specializes in production of products from concrete, cement and plaster and also finished metal products.

History

2019: DSK1-Rostokino will invest 2.6 billion rubles in production upgrade

On August 7, 2019 FGC Group reported that the Government of Moscow appropriated to structural division of the First DSK - DSK1-Rostokino LLC - the status of the investment priority project (IPP). The company will receive privileges in exchange for investments.

For the purpose of ensuring sustainable development of industrial production by the Government of Moscow laws are adopted and the regulatory framework is developed for support of the investors implementing projects in the capital. Within project implementation DSK1-Rostokino LLC reconstructs and upgrades production, in exchange will receive decrease in regional tax burden - for 25%. In particular, income tax will be reduced by 26% (12.5% instead of 17%), the tax rate for property, for 99% is nullified the rent for the earth is reduced, commented Vladimir Yefimov, the Deputy Mayor of Moscow on economic policy and the property and land relations

For August 7, 2019 the status IPP is given already to 8 companies, in 2019 5 special investment contracts are signed.

the City provides support of activity of industrial enterprises through the procedure of assignment of special statuses by it. Within implementation of the investment project the company will carry out production upgrade, reconstructs and will increase the existing areas of the plant from 94 thousand sq.m to 109 thousand sq.m. Investments into the project from 2019 to 2021 will make 2.6 billion rubles. The quantity of jobs at the plant will increase more than three times – from 410 to 1300,

the Government of Moscow creates comfortable conditions for development and upgrade of large enterprises. The status of the investment priority project gives the chance to us to receive tax benefits, to create the production meeting modern requirements of the market and to create additional jobs,

Afterwards with the company the special investment contract (SPIK) will be signed. It is the tool of industrial policy which is the agreement between the investor and the public partner in whom economic and property obligations of the initiator of the project are recorded. During validity period of SPIK nonincreasing of regional tax burden is guaranteed to the investor. Conditions of the special investment contract with DSK1-Rostokino company provide also return of all received privileges at non-performance by the investor of the undertaken obligations with the corresponding penalties.