ANNOUNCEMENT 06 Aug 2018

In August 2018, the Russian Government cofinanced the purchase of Russian helicopters to be leased out to the local and regional airlines.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Russian Government. Decree N916 dated 6/08/2018, О предоставлении в 2018 году субсидии из федерального бюджета публичному акционерному обществу "Государственная транспортная лизинговая компания" на осуществление капитальных вложений в приобретение объектов недвижимого имущества - вертолетов производства акционерного общества "Вертолеты России" (On the provision in 2018 of a subsidy from the federal budget to the public transport company State Transport Leasing Company for capital investments in the acquisition of real estate objects - helicopters manufactured by Russian Helicopters), http://government.ru/docs/33708/

Inception date: 20 Aug 2018 | Removal date: open ended

State aid, nes

On 6 August 2018, the Russian Government transferred the State Transport Leasing Company 5 billion rubles (USD 78.5 million) to co-finance the purchase of 31 helicopters produced by "Russian Helicopters" and lease them out to the local and regional airlines. 24 of those helicopters are model Mi-8 and 7 more - Ansat. The Leasing Company is ordered to contribute a further 7 billion rubles towards the purchase. The funds are disbursed through the Ministry of Transport in the framework of the State Program "Development of Transportation". 

AFFECTED SECTORS

 

AFFECTED PRODUCTS