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Global Trade Alert

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Russia: Industry Development Fund discloses a RUB 1.6 billion loan to AllianceSpetsMash

Description

On 23 November 2023, the Industry Development Fund disclosed a RUB 1.6 billion (USD 17.78 million) loan to Alliancespetsmash LLC for the manufacture of technological equipment for the oil and gas indu...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Nov 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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