Global Trade Alert
Global Trade Alert

Russia: Industry Development Fund to provide a RUB 5 billion loan to "Mekhanoremontnyy Kompleks" JSC

Announcement

11 Jul 2023

In July 2023, the Industry Development Fund announced a RUB 5 billion (USD 55 million) loan to "Mekhanoremontnyy Kompleks" to support the manufacturing of certain metal products. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Jul 2023

Revocation date:

No revocation date

Last action: 11 Jul 2023
State loan In force
On 11 July 2023, the Industry Development Fund (IDF) announced a RUB 5 billion (USD 55 million) loan to Mekhanoremontnyy Kompleks JSC. The loan will be provided at a 1% interest rate and will support ...
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