ANNOUNCEMENT 24 Mar 2011In March 2011, the government of the Russian Federation announced a non-financial handout to the private sector.
NUMBER OF INTERVENTIONS
Government Decree # 493-p from 24 March 2011
Russian Prime Minister Vladimir Putin signed a ruling (the Government Decree # 493-pfrom 24 March 2011) to introduce state subsidies in 2011 to state company Rosatom of 68.5 billion rubles (1.77 billion euros) in the form of property contribution to develop nuclear energy industry.
Webpage of the company: http://www.rosatom.ru
Company conducts research and development in nuclear industry. It also produces some equipment in the industry. For example, carbon fiber-based polymeric composite materials are one of ROSATOM's activities. Carbon fiber is an organic material which contains 92-99.99% of carbon. Such materials are critical for the use in any load-bearing structures when it is necessary to enhance strength and reduce weight. It also produces equipment in the area of nuclear medicine.