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Global Trade Alert

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Russia: Industry Development Fund to support a plant in Perm with a RUB 1.36 billion loan

Description

On 1 December 2022, the Russian Industry Development Fund (IDF) announced a preferential loan (at a 1% interest rate) of RUB 1.36 billion (USD 21.76 million) to Perm Machine-Building Plant for the thr...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Dec 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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