Moscow companies whose exports have fallen due to the pandemic get the support of the Moscow Government

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The Moscow Export Center said that the most significant drop in export supplies was noted in the field of electronics and electrical engineering. Thus, the capital's companies exported goods of such category in the amount of 524.05 million US dollars, what is 33 percent less than last year. The decline in foreign trade revenue is also observed in the supply of machinery and equipment.

International Aero Navigation Systems Concern (IANS) has been engaged in innovative developments in the field of air navigation, meteorological flight support and the creation of air traffic control systems for almost 10 years. According to IANS CEO, Doctor of Technical Science, Professor Mikhail Kanevskiy, the company intensifies its efforts not only in Russia, but also on the world market.

"The pandemic has become a time of peril for us. Our foreign partners have now frozen many projects that we planned to carry out this year, and the discussion of new ones in a remote format does not lead to the desired result." The city provides assistance to affected businesses, including the use of subsidies and grants. This company also receives such support. Mikhail Kanevskiy also noted that the system of returning previous expenditures has allowed IANS to invest in the development of new areas.

At the same time, IANS team participates in the "Moscow Innovator" award and is already included in the list of finalists."

Source: https://vm.ru/economy/818877-kurs-na-vosstanovlenie-kak-moskva-pomogla-eksporteram-pri-zakrytyh-granicah

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