Akrikhin, in cooperation with the Ministry of Investment and Innovation of Moscow Region, has completed a RUB 800 million large-scale investment project for the modernisation of water supply, water discharge and power supply systems. As part of the project, Akrikhin’s site in Staraya Kupavna has undergone comprehensive infrastructure modernisation to improve its environmental performance and raise the competitiveness of one of the major pharmaceutical plants in Moscow Region.

The key outcomes of the project include a new rainwater harvesting and treatment system, an upgraded domestic water supply system, a newly built onsite plant water system independent of the neighbouring enterprises, as well as a modernised domestic and industrial sewage system. The modernisation of the on-site water utilities was concurrent with the reconstruction of the electrical networks.

Vadim Khromov, Deputy Chairman of Moscow Region Government:

The regional government does not only support construction of new enterprises, but also modernisation of existing industrial facilities. It contributes to better quality of the goods produced, higher labour productivity, a greater number of jobs, and, finally, more taxes paid to budgets at different levels. And for us as authorities it means new opportunities for social development in the towns of Moscow Region. Another important point is that modernisation reduces the environmental footprint from industrial assets, which is an absolute priority for us.

Under the agreement between AKRIKHIN JSC and the Ministry of Investment and Innovation of Moscow Region, the modernisation programme was found to be a significant investment project. Therefore, according to the current legislation, the company has become entitled to a tax benefit in the amount of up to RUB 430 million, which is valid from 2018 to 2020 inclusive, and it will help expand the company’s investment programme.

Denis Chetverikov, President of Akrikhin:

For the past five years we have ensured a substantial ramp-up in the output of our proprietary products on our site. Overall, we have put 27 new medicines on the market. The investment agreement with the Government of Moscow Region and the successful completion of the programme for the modernisation of on-site water and power utilities have given us new opportunities for further production scale-up at our plant in Staraya Kupavna.

Elena Kasakina, Vice-President, Industrial Operation, Akrikhin:

The water supply, sewage and power supply systems on Akrikhin’s site had long required fundamental reconstruction. The delivery of this large-scale project has enabled us to improve the performance of all of the plant’s vital systems, optimise the production processes, reduce operating expenses and make a tangible contribution to environmental protection.