O3 Company, part of VEB Ventures, is to launch a new product made on the O3-Coatings site in the Rostov Region, namely the TRIOCLEAN PRO™ 0090 professional sanitiser.
The product is intended for human safety and infection control. Its competencies in new-product development, as well as operating its own R&D centre in Skolkovo and a production site in Rostov-on-Don, allowed O3 Company to start the project in a record three weeks.
TRIOCLEAN PRO™ 0090 is consistent with recommendations of the World Health Organization (WHO) for disinfectants designed to prevent diseases caused by influenza viruses, including A/H1N1, A/H5N1, HPIVs, RTI and SARS viruses, rotaviruses and coronaviruses. TRIOCLEAN PRO™ 0090 is safe for hand skin and suitable for professional disinfection of surfaces. More detailed information about the product can be found at o3.com.
“During such difficult times as we are facing, the ability of high-tech companies to quickly start the production of socially significant goods is to the fore. A large number of major players from a wide range of industries are now keen to contribute to curbing the spread of the pandemic, and we welcome O3 Company’s initiative. The company’s intended output looks impressive: О3 will be able to produce up to 100,000 five-litre containers of the disinfectant a month,” VEB Ventures CEO Oleg Teplov said.
With the ongoing coronavirus pandemic and the resulting shortage of sanitisers, the launch of TRIOCLEAN PRO™ 0090 will add at least 400 tonnes per month to disinfectant production. The new product will be ready for shipment as of 3 April. TRIOCLEAN PRO™ 0090 will be supplied to customers based in Rostov and other Russian regions.
SME Bank to Provide Businesses with Interest-Free Loans for Salary Payments
SME Bank, a subsidiary of RSMB Corporation, will be giving interest-free loans to small and medium-sized enterprises as from 1 April to finance their salary payments as part of government support for businesses affected by the ongoing COVID-19 pandemic.
The new loan scheme is designed to help SMEs to meet the immediate needs related to supporting and retaining their employees, such as mo nthly salary payments for six months after they take out loans. The loan amount is calculated on the basis of the region-specific minimum wage and the number of staff members. The loan has a maturity of six months, a balloon payment and an interest rate of 0% p.a.
SME Bank will simplify lending procedures as much as possible to provide interest-free loans to its existing customers.
Interest charges are subsidised by the Ministry of Economic Development, while the loans are refinanced by the Central Bank and backed by VEB.RF surety bonds.
VEB.RF Chairman Igor Shuvalov said: “The current situation makes it extremely important to support small businesses and their employees. Development institutions have all the necessary tools to react flexibly to the needs of the real economy and lend a helping hand to businesses that find themselves in a difficult position.”
SME Bank Board Chairman Dmitry Golovanov said: “One of Russia’s most vulnerable economic sectors during the coronavirus pandemic is small and medium-sized enterprises. SME Bank is a niche bank whose main mission is to provide them with support. And we’ll do our best to help small and medium-sized enterprises through their hard times. Every business approaching us will be offered a tailored effective solution.”