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Russia: Industry Development Fund discloses a RUB 1.08 billion loan to "Mikron" with a VEB.RF guarantee

Description

On 21 March 2024, the Industry Development Fund disclosed it had provided a RUB 1.08 billion (USD 11.63 million) preferential loan to JSC "Mikron", a Russian producer of semiconductors. Mikron is part...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Mar 2024

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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