Global Trade Alert
Global Trade Alert

Back to state act

Russia: Velpharm secured over RUB 3 billion from the federal and Moscow governments

Description

On 26 January 2023, the Russian government disclosed that Velpharm, a local pharmaceutical company, secured around RUB 1.6 billion (around USD 22.67 million) in grants from the Moscow Fund for Industr...

Sign in to see full description

Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Jan 2023

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

Sign in to access 6 sectors

Affected Products

Sign in to access 39 products

Threads

See all

This intervention is not part of any Thread yet.