Global Trade Alert
Global Trade Alert

Russia: Government announces RUB 100 billion in state aid to Bureau 1440 LLC for the promotion of satellite Internet

Announcement

21 Oct 2024

In October 2024, the Russian government announced RUB 100 billion (USD 1'033 million) in state aid to Bureau 1440 LLC to promote satellite Internet coverage in Russia.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Oct 2024

Revocation date:

No revocation date

Updated: 21 Oct 2024
State aid, unspecified In force

On 21 October 2024, the Russian government announced RUB 100 billion (USD 1 million) in state aid, including "financing satellite launches", to the Russian private company Bureau 1440 LLC to promot...

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Updated: 21 Oct 2024
Interest payment subsidy In force

On 21 October 2024, the Russian government announced RUB 100 billion (USD 1 billion) in state aid, including loan interest payment subsidies, to the Russian private company Bureau 1440 LLC to promo...

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