IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 19 Jan 2017 | Removal date: 19 Jan 2022
Still in force

Trade finance

The governmental institutions KUKE and Bank Gospodarstwa Krajowego approved funding which has a total value of EUR 14.532 million (USD 15.45 million). The loan supports an export contract awarded to the Polish company PMG SA (Famur Group) to supply mining machinery to the Russian company ZAO Shahtoupravlyene Taldinskoe-Kyrgajskoe. More specifically the Polish company will supply: "powered support sections, a longwall searer, a face conveyor, beam stage loaders, along with an advancement system, accompanied by assembly training, supervision and checking, inclusive of works connected with the installation and deployment of equipment for exploitation."

The funding consists of 70% of the total value of the export contract and has a repayment period of five years. The financial transaction was announced in a press release on 19 January 2017.

The GTA includes state guarantees, loans and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

435 Lifting & handling equipment & parts
8428 Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics).
842890 Other machinery
469 Other electrical equipment & parts
8543 Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this Chapter.
854370 Other machines and apparatus
444 Machinery for mining, quarrying & construction; parts

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