Global Trade Alert
Global Trade Alert

Russia: VEB.RF to finance the expansion of Kuibyshevazot's production

Announcement

15 Nov 2021

In November 2021, VEB.RF, the national development bank, announced a joint RUB 15.2 billion (USD 208.79 million) syndicated credit with Gazomprombank to support Kuibyshevazot's nitric acid and ammonium nitrate solution production. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Nov 2021

Revocation date:

No revocation date

Updated: 15 Nov 2021
State loan In force
On 15 November 2021, VEB.RF, the state-owned development bank, announced the disbursement of a RUB 15.2 billion (USD 208.79 million) syndicated loan to Kuibyshevazot. The loan will finance a new nitri...
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