Support for the railway industry in the Russian Federation: current solutions

An additional provision of RUB 2.04 billion was approved. for concessional lending (2.6% per annum) of backbone enterprises for remuneration of employees, rent of premises and equipment, purchase of raw materials, materials and components.

The total amount of funding for the measure, taking into account the funds already allocated in March, will amount to 5.94 billion rubles, informs Railway Supply magazine referring to Technics of Railways.

The measure was introduced last year as an anti-crisis measure in response to the negative effects of the Covid-19 pandemic.

TMH handed over electric trains to Armenia

The list of backbone enterprises of the Ministry of Industry and Trade of Russia includes all the largest manufacturers of rolling stock, as well as a number of repair enterprises.

Related:

Target indicators for import substitution of components in railway engineering have been approved in Russia

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