The government of Dagestan will support the Kubachi art plant. This decision was made during the visit of the Prime Minister of Dagestan Abdulpatakh Amirkhanov to Dakhadayevsky municipal district on Saturday, April 17. The plant appeared in 1924 as a public enterprise, for the organization of which the villagers brought their silver reserves.

As to the official resources, the company has a debt of 50.3 million rubles to Rosselkhozbank. Besides, bankruptcy proceedings have been launched. The equipment of the plant is outdated, nothing has been produced and the building of the enterprise needs to be repaired.

The regional government will provide support to the enterprise, including in terms of financial recovery. “It is considered to pay off accounts on the basis of an assignment agreement with the bank with the involvement of development institutions. It was proposed to conduct a full audit of state of the enterprise” – the governmental press-service reports.