At the end of March “GAZ group” Oleg Deripaska has written to Deputy Prime Minister Dmitry Kozak a letter with a request to allocate 29.5 billion rubles in state support. Otherwise, as emphasized in the enterprise, there is a threat of default and the drop in production by 40% in the second half.
Financial problems in the company attributed to the influence of American sanctions, writes “Kommersant”. If the restrictions will lead to a reduction in production, the enterprise will lose the ability to service the loan portfolio.
State money the company expects to spend on subsidizing interest rates on loans, as well as the implementation of the program of purchases of equipment GAS. In this case, the company will become the sole provider of ambulances, school buses and vehicles for law enforcement agencies that will allow to improve the financial Affairs of the company.
In the apparatus of Dmitry Kozak, the publication said that given the social importance of the enterprise such appeals “carefully reviewed”. The decision is still pending.
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