ANNOUNCEMENT 23 Aug 2017
The Ministry of Industry and Trade of the Russian Federation announced state subsidies to 16 Russian manufacturers of wheeled vehicles.
NUMBER OF INTERVENTIONS
Ministry of Industry and Trade (2017). ПРИКАЗ МИНИСТЕРСТВА ПРОМЫШЛЕННОСТИ И ТОРГОВЛИ РОССИЙСКОЙ ФЕДЕРАЦИИ ОТ 23 АВГУСТА 2017 Г. № 2881 "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 August 23, 2017 No. 2881 "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/#!20744
According to the Ministerial Decree No. 2881 dated 23rd of August, 2017, state subsidies were granted to 16 Russian organisations in the total amount of 7.02 billion RUB (118.8 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.