ANNOUNCEMENT 31 Oct 2013

In October 2013, the government of the Russian Federation announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Oct 2013 | Removal date: open ended
Still in force

Loan guarantee

On October 31, 2013, the Government of the Russian Federation approved (according to Order No. 2010-p) the issuance of a state guarantee of RUB 864 million (USD 26.71 million) fully covering a loan extended to the Russian company 'Aviation Holding Company Sukhoi' with maturity on 31 December 2017. This state measure has the goal of expanding this firm's capacity to attract loans from the private sector and to complete a state defence order.
Among the key clients of the company are the Asian countries, for example China and Indonesia.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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