Global Trade Alert
Global Trade Alert

Russia: VEB.RF announces a RUB 8 billion loan to Arctic Star LLC

Announcement

11 Apr 2025

In April 2025, VEB.RF announced a RUB 8 billion (USD 96.06 million) loan to Arctic Star LLC to support the construction of a university campus in Arkhangelsk, Russia.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Apr 2025

Revocation date:

No revocation date

Updated: 11 Apr 2025
State loan In force

On 11 April 2025, VEB.RF, a Russian national development finance institution, announced the signing of a RUB 8 billion (USD 96.06 million) loan agreement with Arctic Star LLC, a Russian development...

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