Global Trade Alert
Global Trade Alert

Russia: VEB.RF announces RUB 51.91 billion in loans and additional financial guarantees to Ural Locomotives JSC

Announcement

21 Mar 2025

In March 2025, VEB.RF announced RUB 51.91 billion (USD 614.31 million) in loans and additional financial guarantees to Ural Locomotives JSC to support the production of high-speed passenger electric trains for the "Moscow-Saint Petersburg" railway project.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Mar 2025

Revocation date:

No revocation date

Updated: 21 Mar 2025
Loan guarantee In force
On 21 March 2025, VEB.RF, a Russian national development finance institution, announced a RUB 18 billion (USD 213.02 million) financial guarantee to Ural Locomotives JSC, a Russian rolling stock manuf...
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Updated: 21 Mar 2025
State loan In force
On 21 March 2025, VEB.RF, a Russian national development finance institution, announced a RUB 33.91 billion (USD 401.3 million) loan to Ural Locomotives JSC, a Russian rolling stock manufacturer. The ...
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