Announcement
26 Jan 2023
In January 2023, the Industry Development Fund disclosed the support it provided, together with the Moscow Fund for Industry and Entrepreneurship, to Velpharm, a pharmaceutical company.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
26 Jan 2023
Revocation date:
No revocation date
Updated: 26 Jan 2023
Financial grant
In force
On 26 January 2023, the Russian government disclosed that Velpharm, a local pharmaceutical company, secured around RUB 1.6 billion (around USD 22.67 million) in grants from the Moscow Fund for Industr...
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Updated: 26 Jan 2023
State loan
In force
On 26 January 2023, the Russian Industry Development Fund (IDF) disclosed it had previously provided RUB 1.5 billion (around USD 21.25 million) in preferential loans to Velpharm, a local pharmaceutica...
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