FRP signed with Royal Thermo contract about delivery loans on 549 million rub

On March 3 Fund of developments the industries (FRP) and Royal Thermo Industrial group signed contract loans on realization investment programs. The loan in the sum of 549 million rubles is given out within the financing program "Projects of developments". investment program started in 2021 Royal Thermo worth more than 1 billion rubles provides acquisition of the third line on assembly of steel panel radiators (SPR), seven cars for mouldings aluminum bimetallic radiators (ABR), and also other hi-tech equipment. Successful modernization of productions will allow the group enterprises in the next 5 years...