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Russia: VEB.RF to provide a RUB 1.7 billion loan for a hotel construction

Description

On 7 September 2022, Veb.RF, the state-owned development bank, announced the disbursement of a RUB 1.77 billion (USD 29.5 million) loan to Vasta Discovery to support hotel construction in the Sakhalin...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Sep 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 Products

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