ANNOUNCEMENT 30 Mar 2009In March 2009, the government of the Russian Federation announced a change to private-sector financial support.
NUMBER OF INTERVENTIONS
20 2014 213
30 2009 . N 265
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With Decree 265 of March 30, 2009 the Russian Government approved the rules for the allocation of state subsidies to organisations belonging to the local defence industry. The purpose of the state support is the facilitation of the realisation of innovation and investment hi-tech projects.
The concrete mechanism involves the partial reimbursement of interest rates on loansreceived from Russian banks or the state-owned Vnesheconombank.
With Decree 213 of March 20, 2014 the state support has been extended for the period 2014-2016.