ANNOUNCEMENT 20 Feb 2017

The Ministry of Industry and Trade of the Russian Federation announced state subsidies to 5 Russian manufacturers of wheeled vehicles.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Ministry of Industry and Trade (2017). ПРИКАЗ МИНИСТЕРСТВА ПРОМЫШЛЕННОСТИ И ТОРГОВЛИ РОССИЙСКОЙ ФЕДЕРАЦИИ ОТ 20 ФЕВРАЛЯ 2017 Г. № 495 "О ПРЕДОСТАВЛЕНИИ СУБСИДИЙ ИЗ ФЕДЕРАЛЬНОГО БЮДЖЕТА РОССИЙСКИМ ПРОИЗВОДИТЕЛЯМ КОЛЕСНЫХ ТРАНСПОРТНЫХ СРЕДСТВ НА КОМПЕНСАЦИЮ ЧАСТИЗАТРАТ, СВЯЗАННЫХ С ВЫПУСКОМ И ПОДДЕРЖКОЙ ГАРАНТИЙНЫХ ОБЯЗАТЕЛЬСТВ В ОТНОШЕНИИ КОЛЕСНЫХ ТРАНСПОРТНЫХ СРЕДСТВ, СООТВЕТСТВУЮЩИХ НОРМАМ ЕВРО-4 И ЕВРО-5". (Decree of the Ministry of Industry and Trade of the Russian Federation of February 20, 2017 No. 495 "On granting subsidies from the federal budget to Russian producers of wheeled vehicles to compensate for the costs associated with the issuance and maintenance of warranty obligations for wheeled vehicles complying with the Euro-4 and Euro-5 standards". Available at http://minpromtorg.gov.ru/docs/#!24485

Inception date: 20 Feb 2017 | Removal date: open ended
Still in force

Financial grant

According to the Ministerial Decree No. 495 dated 20th of February, 2017, state subsidies were granted to 5 Russian organisations in the total amount of 613.18 million RUB (10.6 million USD). 

The subsidies were granted to compensate for the costs associated with the issuance and maintenance of warranty obligations for wheeled vehicles complying with the Euro-4 and Euro-5 standards. The subsidies were granted under the framework depicted by the Government Resolution No. 31 dated 15.01.2014. 

AFFECTED SECTORS