VMP holding confirmed the status of a russian producer

The Ministry of Industry and Trade of the Russian Federation confirmed the compliance of the production of VMP Research and Production Holding in the territory of the Russian Federation with the requirements of the Russian Federation Decree of the Government No.719 dated July 17, 2015.

VMP materials are manufactured at the company's own production sites and are included in the List of industrial products manufactured in the Russian Federation.

VMP Holding is one of the leading Russian manufacturers of varnish and lacquer production that successfully compete with foreign counterparts. The status of “Russian manufacturer” allows implementing import substitution projects in key sectors of the Russian economy and staying ahead of foreign companies in the domestic market. The constant tightening of the requirements of the Russian Federation Ministry of Industry and Trade for the use of an increasing share of Russian raw materials limits the possibilities of foreign corporations that are also striving to obtain the status of “Russian manufacturer”.