Global Trade Alert
Global Trade Alert

Russia: VEB.RF announces a RUB 2.6 billion loan to Automobile Plant Ural JSC

Announcement

25 Dec 2024

In December 2024, VEB.RF announced a RUB 2.6 billion (USD 26 million) loan to Automobile Plant Ural JSC to support the construction of a new modern foundry.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Dec 2024

Revocation date:

No revocation date

Updated: 25 Dec 2024
State loan In force

On 25 December 2024, VEB.RF, a Russian national development finance institution, announced a RUB 2.6 billion (USD 26 million) loan to Automobile Plant Ural JSC, a Russian manufacturer of trucks. Th...

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