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Global Trade Alert

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Russian Federation: State Development Bank Financing for Sulfuric Acid and Improved Oleum Production Facility

Description

On 15 February 2019, the Russian state development bank VEB.RF approved an equity purchase deal with KuibyshevAzot. The equity purchase is part of financing made available to KuibyshevAzot towards the...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Feb 2019

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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Table

Affected Sectors

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Affected Products

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