IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 16 Jan 2013 | Removal date: 16 Jan 2016
Still in force

Interest payment subsidy

On January 16, 2013, the Russian Government (Decree 2) approved the rules for the provision of a subsidy to enterprises operating in the timber industry. The purpose of the subsidy is to compensate the enterprises for part of the interest payments on investment loans obtained in the period 2012-2013 for the modernisation of their wood processing capacity. This federal level state aid measure is planned to exist at least for the period 2013-2015.

 
Natalia Pinyagina, director in one of the biggest Russian timber enterprises, Arhangelski CBK , commented that this state measure will have a positive effect on Russian timber enterprises given that they will receive beneficial financial conditions with Russian and foreign banks.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

031 Wood in the rough
4403 Wood in the rough, whether or not stripped of bark or sapwood, or roughly squared.
440320 Other, coniferous
311 Wood, sawn or chipped lengthwise, sliced or peeled, of a thickness exceeding 6 mm; railway or tramway sleepers (cross-ties) of wood, not impregnated
4407 Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or endjointed, of a thickness exceeding 6 mm.
440710 Coniferous
440791 Of oak (Quercus spp.)
314 Boards & panels
4410 Particle board, oriented strand board (OSB) and similar board (for example, waferboard) of wood or other ligneous materials, whether or not agglomerated with resins or other organic binding substances.
441011 Particle board
441012 Oriented strand board (OSB)
4411 Fibreboard of wood or other ligneous materials, whether or not bonded with resins or other organic substances.
441112 Of a thickness not exceeding 5 mm
441113 Of a thickness exceeding 5 mm but not exceeding 9 mm
441114 Of a thickness exceeding 9 mm
441192 Of a density exceeding 0.8 g/cm³
441193 Of a density exceeding 0.5 g/cm³ but not exceeding 0.8 g/cm³
441194 Of a density not exceeding 0.5 g/cm³
4412 Plywood, veneered panels and similar laminated wood.
441232 Other, with at least one outer ply of nonconiferous wood
441239 Other
441299 Other
315 Veneer sheets; sheets for plywood; densified wood
4408 Sheets for veneering (including those obtained by slicing laminated wood), for plywood or for similar laminated wood and other wood, sawn lengthwise, sliced or peeled, whether or not planed, sanded, spliced or endjointed, of a thickness not exceeding 6 m
440810 Coniferous
440839 Other
440890 Other
316 Builders' joinery & carpentry of wood
4418 Builders' joinery and carpentry of wood, including cellular wood panels, assembled flooring panels, shingles and shakes.
441810 Windows, Frenchwindows and their frames
441820 Doors and their frames and thresholds
441840 Shuttering for concrete constructional work
441860 Posts and beams
441872 Other, multilayer
441890 Other
319 Other products of wood, cork or straw
4421 Other articles of wood.
442110 Clothes hangers
442190 Other

Please report this page in case you detect an inaccuracy in its content.