Global Trade Alert
Global Trade Alert

Russia: Government announces RUB 12 billion in subsidies to Russian manufacturers of certain industrial machinery and equipment in 2025

Announcement

20 Jan 2025

In January 2025, the Russian government announced RUB 12 billion (USD 125.32 million) in subsidies to local producers of certain industrial machinery and equipment for 2025. It constitutes a RUB 7 billion (USD 73.1 million) increase compared to the total regular budget of this state aid scheme in 2024, which was RUB 5 billion (USD 52.21 million).

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Jan 2025

Revocation date:

31 Dec 2025

Updated: 20 Jan 2025
Financial grant

On 20 January 2025, the Russian government announced RUB 12 billion (USD 125.32 million) in financial grants to local producers of certain industrial machinery and equipment for 2025. It constitute...

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