Global Trade Alert
Global Trade Alert

Russia: Industry Development Fund discloses a RUB 2.4 billion loan to "Power Machines"

Announcement

01 Nov 2023

In November 2023, the Russian Industry Development Fund disclosed a previously disbursed RUB 2.4 billion (USD 25.98 million) credit to "Power Machines". 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Nov 2023

Revocation date:

No revocation date

State loan In force

On 1 November 2023, the Russian Industry Development Fund (IDF) disclosed a previously disbursed RUB 2.4 billion (USD 25.98 million) credit to OJSC Power Machines. The date of the credit disbursement ...

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