Announcement
06 Jun 2024
In June 2024, the Industry Development Fund announced the conclusion of 3 credit agreements with Avtovaz to support automobile production.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
06 Jun 2024
Revocation date:
No revocation date
Updated: 06 Jun 2024
State loan
In force
On 6 June 2024, the Industry Development Fund (IDF) announced two loans to Avtovaz to support the production of an improved 16-valve automobile engine for LADA passenger cars. The total value of the l...
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Updated: 06 Jun 2024
State loan
In force
On 6 June 2024, the Industry Development Fund (IDF) announced a RUB 1.4 billion (approx. USD 15.69 million) loan to Avtovaz to support the production of components and assemblies for the new LADA Aura...
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