The government has taken new measures to GAZ . to support

According to Order No. 1071-r of April 29, 2022, signed by Prime Minister Mikhail Mishustin, financial support for the state’s GAZ car plant will be strengthened. The size of the subsidized loan for the enterprise has increased from 10 billion to 20 billion rubles. We are talking about a loan of up to 11% per annum, which according to the government’s website is available under a new preferential loan program for industry and commerce backbone organizations.

Under the terms of this program, a group of companies can receive as loan up to 30 billion rubles, and an enterprise – only 10 billion rubles. This amount, the government ruled, did not meet the needs of the company, which could lead to a decrease in working capital and affect its work.

The source recalls that the government launched a special loan program to support industry and trade backbone organizations that were in a difficult situation due to sanctions in March 2022. The program is part of a series of measures to ensure the stability of the Russian economy.

  • And another 3.7 billion rubles will be distributed among the regions – they will also support factories.
  • “Behind the wheel” can be read in Odnoklassniki.

Source: Z R

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