ANNOUNCEMENT 14 Dec 2010

In December 2010, the government of the Russian Federation announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Government Decree # 2253-p from 14 December 2010
http://www.government.ru/gov/results/13568/


Inception date: 14 Dec 2010 | Removal date: open ended
Still in force

Loan guarantee

Russian Prime Minister Vladimir Putin signed a ruling (the Government Decree # 2253-p of 14 December 2010) to provide state guarantees to the Joint Stock Company «United Aircraft Corporation» (UAC) up to 46.3 billion rubles (around 1.2 billion euros).
The webpage of «Ob'edinennaya aviastroitel'naya korporaciya»: http://www.uacrussia.ru/en/
The goal of Joint Stock Company «United Aircraft Corporation» (UAC) isto maintain and enhance the scientific and production potential of theRussian aircraft industry, to ensure the security and defensecapabilities of the country, to pool intellectual, industrial andfinancial resources for the implementation of new aircraft developmentprograms.
 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A