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Mar 31, 2021
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The Russian government has expanded state support for manufacturers of special equipment

The Russian government has expanded the program of state support for manufacturers of special machinery and equipment.

As reported on the website of the Russian Cabinet of Ministers, manufacturers of agricultural, road, construction equipment, as well as equipment for food and industrial production, will be allocated subsidies. They will allow dealers to sell products at a 15% discount, which should increase demand.

The maximum subsidy amount will be 5 million rubles.

The federal budget provides for the new program of 1.5 billion rubles, of which 300 million rubles will go in 2021, 500 million in 2022, 700 million rubles in 2023.

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