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.
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.
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