Global Trade Alert
Global Trade Alert

Russia: Industry Development Fund discloses a RUB 1.4 billion loan to Modern Glass LLC

Announcement

31 Mar 2025

In March 2025, the Industry Development Fund disclosed it had provided a RUB 1.4 billion (USD 16.65 million) loan to Modern Glass LLC.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 Mar 2025

Revocation date:

No revocation date

State loan In force

On 31 March 2025, the Industry Development Fund (IDF) disclosed it had provided a RUB 1.4 billion (USD 16.65 million) loan to Modern Glass LLC, a Russian company specialising in the production of larg...

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