Production of glass parts for insulators will be launched in Yuzhnouralsk

In the Chelyabinsk region, the initiators of three new investment projects will receive support in the form of a reduction in the tax burden. This was reported by the press service of the Ministry of Economic Development of the region. One of the projects is the production of glass parts for insulators made of tempered glass in Yuzhnouralsk. It is the main component for glass pendant insulators and glass pin insulators. The products themselves are needed for insulating and fastening wires and lightning protection cables on power lines, in switchgear of power plants and alternating current substations.

The new production will be launched by the Glass Insulators Plant (part of the Forenergo holding). The production of glass parts was included in the list of regional investment projects. The company will receive a benefit in the form of a reduction in income tax from 20% to 10% for the period until 2028. Property tax is zeroed for five tax periods. 615.5 million rubles will be invested in the project. 60 jobs will be created.

Reducing income taxes helps maintain investment activity - modernization of existing production facilities and launch of new ones. This is one of the key tasks of the government of the Chelyabinsk region.

“Reducing the fiscal burden is one of the most important measures to support business. It allows you to save money in the company’s circulation and direct it to development and modernization. Our ministry accompanies investors at all stages of application submission and consideration. All procedures are carried out in a mode that is comfortable for the investor,” notes Minister of Economic Development of the Chelyabinsk Region Natalya Lugacheva.

Based on materials from bfm74.ru