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The Government introduced a new type of support of consumer goods industry
 

02.09.2015 The Government introduced a new type of support of consumer goods industry

The Government introduced a new type of support of consumer goods industry

The enterprises which are relating to consumer goods industry (textile, sewing, footwear, leather and fur industries) will get additional support from the Government. They will be able to take the credits for material procurement at reduced rates.

As it’s noted in the Government of Russia the sense of the subsidy is that the share of credit tranche that is used by the enterprises of consumer goods industry on raw materials buying and materials procurement that makes from 50 to 85% in a total amount of credits.

Nowadays the authorities are ready to return to enterprises 70% of a refinancing rate on such credits. It makes 15-25 % at the present level of rates on the similar credits. It will be quarterly possible to receive the subsidy. The enterprises should file with petition and some documents in Ministry of Industry and Trade of the Russian Federation.

Source: Rossiyskaya gazeta