"Provide subsidies from the state"

#1 Aug. 7, 2013 07:23:00

ЛеснойРесурс
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"Provide subsidies from the state"

“Provide subsidies from the state!”
The Ministry has introduced amendments to the decree on subsidies for the timber industry, it was caused by the critics at the state Council meeting, which was held in April 2013.
The regulation suggests that forest-industry complex enterprises received subsidies from the Federal budget to pay part of the interest on the loans they took in 2012-2013 on investment projects on creation of new high-tech industries. The state should every three months to reimburse the companies two-thirds of the amount of interest on loans in roubles and currency. If the Ministry or state financial supervision bodies was discovered that subsidies were misused, and the investment project has not achieved the stated results, the company had to return the money. Subsidies for reimbursement of interest on arrears was granted.
The amendments assume that the subsidy will apply to loans granted up to the year 2015 since 2011. Subsidies the government plans to issue for payment of interest on loans issued by Russian commercial banks and VEB.
Development strategy of timber industry up to 2020 is expected to increase level of processing of wood to 74.5%.
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#2 Aug. 7, 2013 08:30:44

светлана
Registered: 2013-08-07
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"Provide subsidies from the state"

Good day. Please provide a link to the website of the Ministry of industry and trade - what the draft resolution did you have in mind, reporting the news.
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#3 Aug. 27, 2013 08:11:34

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"Provide subsidies from the state"

Hello Svetlana! On your question post the link: http://www.minpromtorg.gov.ru/docs/government/76
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