Moscow Endocrine Plant to build 30 bln rbl plant in Bryansk Reg

RYAZAN, Jul 7 (PRIME) -- State-controlled pharmaceutical company Moscow Endocrine Plant plans to build a 30 billion ruble plant to produce active pharmaceutical substances in the Bryansk Region, Governor Alexander Bogomaz said in his Telegram channel on Friday.

“Director General of Moscow Endocrine Plant Mikhail Yuryevich Fonarev and I have discussed construction of a full-cycle plant for production of active pharmaceutical substances, the raw materials for our medical industry, in the Bryansk Region,” Bogomaz said.

“The investment project is implemented together with the Industry and Trade Ministry of Russia.”

The project should be finished in no more than 2 years to create 1,000 jobs.

The company is to start tenders for contractors and procurement of equipment soon, he said, adding that the project would also reduce imports in the industry.

(92.5695 rubles – U.S. $1)

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