ANNOUNCEMENT 28 Mar 2017

The Ministry of Industry and Trade of the Russian Federation announced state subsidies to 8 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 28 МАРТА 2017 Г. № 929 "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 March 28, 2017 No. 929 "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/#!23825

Inception date: 28 Mar 2017 | Removal date: open ended
Still in force

Financial grant

According to the Ministerial Decree No. 929 dated 28th of March, 2017, state subsidies were granted to 8 Russian organisations in the total amount of 2.79 billion RUB (49.0 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