Global Trade Alert
Global Trade Alert

Russia: Industry Development Fund discloses a RUB 1.45 billion preferential loan to Demikhovsky Machine-Building Plant JSC

Announcement

18 Dec 2024

In December 2024, the Industry Development Fund disclosed it had provided a RUB 1.45 billion (USD 13.85 million) preferential loan to Demikhovsky Machine-Building Plant JSC to launch the production of gearboxes for electric trains "Ivolga". 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Dec 2024

Revocation date:

No revocation date

Updated: 18 Dec 2024
State loan In force

On 18 December 2024, the Industry Development Fund (IDF) disclosed it had provided a RUB 1.45 billion (USD 13.85 million) preferential loan to Demikhovsky Machine-Buil...

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