Global Trade Alert
Global Trade Alert

Russia: Industry Development Fund to lend RUB 5 billion in support of driving axle production

Announcement

01 Sep 2022

In September 2022, the Russian Industry Development Fund announced a RUB 5 billion (USD 80 million) preferential loan to «Peterburgskij traktornyj zavod», a tractor-producing plant, for a driving axle production project. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Sep 2022

Revocation date:

No revocation date

Updated: 01 Sep 2022
Interest payment subsidy In force
On 1 September 2022, the Russian Industry Development Fund (IDF) announced a RUB 5 billion (USD 80 million) preferential loan (at 1% interest rate) to «Peterburgskij traktornyj zavod», a tractor-produ...
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