Medvedev has approved measures for anti-crisis support of Russian automotive industry


Moscow. November 16. Prime Minister Dmitry Medvedev signed a decree, which is in compliance with the anti-crisis plan of the government will provide additional capacity utilization in the automotive industry and related industries.

“The Ministry of industry and trade directed budgetary allocations for granting in 2015 subsidies to the organizations of the industry on the reimbursement of expenses for paying interests on loans taken for replenishment of working capital and (or) the financing of current production activity”, – is spoken in the message published on the website of the government of the Russian Federation on Monday.

The document notes that “the additional budget allocation of $ 4,824 billion roubles will be allocated for compensation to Russian organisations of a part of expenses in connection with the production of wheeled vehicles”.

In addition, funds in the amount of 1 billion roubles will be allocated for the implementation of the program of preferential leasing of vehicles.

“This decision will provide additional capacity utilization in the automotive industry and related industries, save jobs, will contribute to the increase in sales of vehicles in the framework of the program of preferential leasing by 6.4 thousand units of equipment”, – stated in the message.