ANNOUNCEMENT 26 Jun 2018

On 26 June 2018, the Russian Government announced a new program of subsidies for priority areas of domestic aircraft manufacturing.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Russian Government. Decree N733 dated 26/06/2018, Об утверждении Правил предоставления субсидий из федерального бюджета российским организациям на возмещение части затрат на выполнение научно-исследовательских и опытно-конструкторских работ по приоритетным направлениям развития авиационной промышленности (On approval of the Rules for the provision of subsidies from the federal budget to Russian organizations for the reimbursement of part of the costs of research and development in priority areas of the aviation industry), http://government.ru/docs/33045/

Inception date: 07 Jul 2018 | Removal date: open ended
Still in force

Financial grant

On 26 June 2018, the Russian Government launched a new program of R&D subsidies for priority areas of domestic aircraft manufacturing.  The government brief on the program mentions one such priority, import-substitution of avionics on Sukhoi Superjet aircraft. The program is a part of the Aviation Science component of the State Program for the Development of Aircraft Manufacturing in 2013-3025. 

The program covers development costs (including wages) in projects started not earlier than two years before the launch of the program, and which are not longer than 5 years. 70% of qualifying costs are reimbursed to projects that win the government selection. Qualifying costs are those associated with technical documentation, technological and testing equipment, prototypes, certification and registration of IP.

The 2018 budget of the program is 1.7 billion rubles, the 2019 budget - 1.5 billion (USD 27 and 23.6 million respectively). 

AFFECTED SECTORS