Global Trade Alert
Global Trade Alert

Russia: VEB.RF announces a RUB 6.5 billion loan to Atlas LLC

Announcement

18 Jun 2025

In June 2025, VEB.RF announced a RUB 6.5 billion (USD 82.72 million) loan to Atlas LLC to support the creation and maintenance of a new Trans-Eurasian fibre-optic communication line (TEA NEXT).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Jun 2025

Revocation date:

No revocation date

Updated: 20 Jun 2025
State loan In force

On 18 June 2025, VEB.RF, a Russian national development finance institution, announced a RUB 6.5 billion (USD 82.72 million) loan to Atlas LLC, a Russian special-purpose company operating the TEA N...

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