Global Trade Alert
Global Trade Alert

Russia: Industry Development Fund to provide a RUB 2 billion credit to a pharmaceutical producer

Announcement

01 Sep 2022

In September 2022, the Industry Development Fund, a state-owned development financial institution, announced the provision of a RUB 2 billion (USD 33.33 million) loan to "Generium-Nekst", a local pharmaceutical company.  

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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
State loan In force
On 1 September 2022, the Industry Development Fund (IDF) announced the provision of a RUB 2 billion (USD 33.33 million) loan to "Generium-Nekst" to finance the opening of a new plant. The loan will s...
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