Categories: business

Deripaska has asked the state 30 billion rubles

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.

© 2019, paradox. All rights reserved.

paradox

Share
Published by
paradox

Recent Posts

PM Mishustin announces shake-up of Russian government

Russian Prime Minister Mikhail Mishustin on Saturday unveiled his first picks for the new cabinet,…

3 hours ago

Ukraine shells cafe in Russia’s Donetsk (VIDEO)

One person was killed and at least four others wounded in a Ukrainian rocket strike…

12 hours ago

Poke the bear and find out: Here’s why the West should finally listen to Russia’s warnings

We have been through an intense, if muffled crisis in the ongoing political-military confrontation between…

21 hours ago

Russia launches new offensive – Kiev

Ukrainian President Vladimir Zelensky claimed on Friday that Russian forces have launched a new large-scale…

1 day ago

NATO soldiers operating in Ukraine – Polish PM

NATO soldiers are already in Ukraine helping Kiev but the US-led bloc does not want…

2 days ago

Western revanchism and history lessons: Takeaways from Russia’s Victory Day parade

Russia has celebrated the 79th anniversary of victory over Nazi Germany in World War II…

2 days ago