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Russian Federation: USD 10 Million State Loan to O&G Equipment Maker Orion for Conversion (IDF)

Description

On 14 January 2021, the Industrial Development Fund announced a 750 million ruble (USD 10 million) preferential loan to Orion, a manufacturer of subsoil oil and gas mining equipment. Orion from St. P...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Jan 2021

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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