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28 October 2021 Thursday
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Udmurtia will receive 49.3 million rubles for industrial development

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Izhevsk / Удмуртия
Udmurtia will receive 49.3 million rubles for industrial development
Photo: Ruslan Nuriahmetov

The Ministry of Industry and Trade of Russia approved the application of Udmurtia to provide a unified regional subsidy. The republic will receive 49.3 million rubles for the development of industry in 2021. The press office of the head and government of Udmurtia reported it.

The enterprises of the region will receive funds in the form of subsidies on a competitive basis.

The money can be spent on reimbursing part of the costs of connecting the communal infrastructure, part of the cost of purchasing new equipment or paying the first installment under lease agreements. Taking into account funds from the regional budget, Udmurtia will allocate 80.2 million rubles for these purposes
Viktor Lashkarev, the Minister of Industry and Trade of Udmurtia

In order to receive payment, the organization should have paid fines. Also the company cannot be in the process of reorganization or be a foreign agent.

Businesses in the region will be able to apply for a subsidy in the second quarter of 2021. 

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