Manufacturers' news

Russian Government approved the proposal of the Ministry of Industry and Trade of Russia to extend support for investment projects on woodworking in the Far East!

27 July 2017

The program of subsidizing Russian timber processing enterprises in the Far East has been extended for 2017-2018. This is reported in the Russian Government's decision of July 22, 2017 No. 866, published today.

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This program of subsidies in 2017 provides 1.3 billion rubles, in 2018 - 700 million rubles.

There are 8 investment projects with a total investment value of 31.5 billion rubles in the Far East.

Source: MINPROMTORG RUSSIA