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Global Trade Alert

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Russia: Industry Development Fund disclosed a RUB 1.58 billion loan to "Modern Glass"

Description

On 7 June 2023, the Industry Development Fund (IDF) announced that it had previously provided a RUB 1.58 billion (USD 19.37 million) credit to Modern Glass JSC. The date of the initial investment was ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Jun 2023

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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