Global Trade Alert
Global Trade Alert

Russia: Industry Development Fund discloses a RUB 1.5 billion loan to First Weaving Factory LLC

Announcement

10 Oct 2024

In October 2024, the Industry Development Fund disclosed it had provided a RUB 1.5 billion (USD 15.6 million) loan to First Weaving Factory LLC to support the construction of a new factory producing decorative fabrics.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Oct 2024

Revocation date:

No revocation date

Updated: 10 Oct 2024
State loan In force

On 10 October 2024, the Industry Development Fund (IDF) disclosed it had provided a RUB 1.5 billion (USD 15.6 million) preferential loan to First Weaving Factory LLC, a Russian decor...

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