Global Trade Alert
Global Trade Alert

Russia: Industry Development Fund discloses a RUB 1 billion loan to Virial LLC

Announcement

23 Apr 2025

In April 2025, the Industry Development Fund disclosed it had provided a RUB 1 billion (USD 12 million) loan to Virial LLC.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Apr 2025

Revocation date:

No revocation date

Updated: 23 Apr 2025
State loan In force

On 23 April 2025, the Industry Development Fund (IDF) disclosed it had provided a RUB 1 billion (USD 12 million) loan to Virial LLC, a Russian company producing industrial machinery and equipment.<...

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