ANNOUNCED AS TEMPORARYNo
Interest payment subsidy
On 24 July 2017, the Russian Ministry of Industry and Trade disbursed 1.96 billion rubles (USD 32.7m) in interest payment subsidies to automobile manufacturers. The sums were distributed between 25 manufacturers, almost all of them autoparts manufacturers and subsidiaries of larger companies.
The subsidies were granted to reimburse Russian auto manufacturers up to 90% of expenses related to the:
The subsidies were granted under the framework issued by the Resolution of the Government of the Russian Federation No. 1383 dated December December 19, 2015.
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