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Russian industrial companies in 2020 will receive 5 billion rubles to reimburse the costs of transporting goods – the corresponding order was signed by the Chairman of the Russian Government Mikhail Mishustin. This was reported on Sunday on the website of the Cabinet.

According to the report, the amount of compensation will be up to 80 percent of the costs, depending on the specifics of a particular production. This opportunity will also be given to organizations from the automotive industry, agricultural transport and power engineering. The Government said that the subsidies will allow to ensure the supply of products worth at least 45 billion rubles.

In addition, 600 million rubles will be allocated to provide subsidies to those who are going to buy a new drilling rig and dispose of the old one. “As a result, sales of such equipment are expected to grow by 3 billion rubles in 2020,” the Cabinet of Ministers noted.

Earlier, the Moscow city authorities expanded the list of recipients of subsidies for the development of production, including industrial complexes, creative technology parks, innovative scientific and technological centers and organizations implementing priority investment projects to create industrial complexes.

A source: Parliamentary newspaper

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EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

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