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Russia: Industry Development Fund discloses two loans totalling RUB 5.2 billion to TMH-Electrotech LLC

Description

On 19 November 2024, the Industry Development Fund (IDF) disclosed it had provided two preferential loans totalling RUB 5.2 billion (USD 51.76 million) to TMH-Electrotech LLC, a Russian company produc...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Nov 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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