Global Trade Alert
Global Trade Alert

Russia: Industry Development Fund provides a RUB 1.7 billion loan to Sollers Alabuga LLC

Announcement

31 Mar 2023

In March 2023, the Industry Development Fund provided a RUB 1.7 billion (USD 21.94 million) loan to Sollers Alabuga LLC.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Mar 2023

Revocation date:

No revocation date

Updated: 31 Mar 2023
State loan In force

In March 2023, the Industry Development Fund (IDF) provided a RUB 1.7 billion (USD 21.94 million) loan to Sollers Alabuga LLC, a Russian automotive manufacturer. The exact date of granting the loan...

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