ANNOUNCEMENT 27 Jan 2017

The Ministry of Industry and Trade of the Russian Federation announced state subsidies to 7 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 27 ЯНВАРЯ 2017 Г. № 195 "О ПРЕДОСТАВЛЕНИИ СУБСИДИЙ ИЗ ФЕДЕРАЛЬНОГО БЮДЖЕТА РОССИЙСКИМ ПРОИЗВОДИТЕЛЯМ КОЛЕСНЫХ ТРАНСПОРТНЫХ СРЕДСТВ НА КОМПЕНСАЦИЮ ЧАСТИ ЗАТРАТ НА ИСПОЛЬЗОВАНИЕ ЭНЕРГОРЕСУРСОВ ЭНЕРГОЕМКИМИ ПРЕДПРИЯТИЯМИ АВТОМОБИЛЬНОЙ ПРОМЫШЛЕННОСТИ". (Decree of the Ministry of Industry and Trade of the Russian Federation of January 27, 2017 No. 195 "On granting subsidies from the federal budget to Russian manufacturers of wheeled vehicles to partly compensate costs of using energy resources by energy-intensive enterprises of the automotive industry".) Available at http://minpromtorg.gov.ru/docs/#!24956

Inception date: 27 Jan 2017 | Removal date: open ended

Financial grant

According to the Ministerial Decree No. 195 dated 27th of January, 2017, state subsidies were granted to 7 Russian organisations in the total amount of 1.40 billion RUB (23.4 million USD). 

The subsidies were granted to compensate for the costs associated with using energy resources by energy-intensive enterprises of the automotive industry. The subsidies were granted under the framework depicted by the Government Resolution No. 30 dated 15.01.2014.

AFFECTED SECTORS