IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

state trading enterprise

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 08 Oct 2009 | Removal date: open ended
Still in force

Bailout (capital injection or equity participation)

Russian Prime Minister Vladimir Putin signed a ruling (Government Decree #1466-p issued 8 October 2009) to inject 3 billion rubles (67 million Euro) into Russian titanium producer VSMPO-Avisma.
The ruling is part of the program to develop the aircraft-building sector, the Industry and Trade Minister Viktor Khristenko said.

The company is the world's largest titanium product producer, with exports accounting for 80% of its sales. The world's largest aircraft-building companies are the key customers of VSMPO-Avisma.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

416 Other non-ferrous metals, cerments & articles thereos
8108 Titanium and articles thereof, including waste and scrap.
810820 Unwrought titanium; powders
810890 Other

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