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Russian government will allocate 128 billion rubles for automotive this year

TASS – The amount allocated by the government of Russian Federation for the support of the automotive sector in the country will increase gradually, with the new programmes announced. The

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Russian government may increase tariffs on car components

Izvestiya – Russian ministry of industry and commerce has proposed a series of measures against foreign products, within the frame of the import substitution programme. As assessed by the ministry,

Government

The Russian government will subsidise KAMAZ and AVTOVAZ in order to protect employment

TASS – The Russian government has allocated 1.87 billion rubles for employment protection in Tatarstan, Altai Krai, Samara and Tver regions in 2015. The aforementioned amount will prevent 35,000 people

Government Market

Russian government has allocated 25 billion rubles for the support of automotive sector

Vedomosti – The government of Russian Federation has allocated 25 billion rubles, in order to promote the automotive sector in the country. The aforementioned package covers areas such as; the

Government Market

Russian government has extended the period of the automobile utilisation programme

Interfax – Russian prime minister Dmitri Medvedev has signed the bylaw, extending the validity period of the automobile utilisation programme until the end of 2015. As reported by Interfaks, 3

Government

Russia has banned the public procurement of imported heavy machinery

Finmarket – Russian government has approved the bylaw, prohibiting the public procurement of imported heavy machinery. The regulation covers the construction machinery used in areas such as; mining sites etc.

Government

Russian Ministry of Industry and Commerce: “Car production will decline by 10% in 2015”

Rossiyskaya Gazeta – Russian minister of industry and commerce Denis Manturov has stated that the car production has shrunk by 10% in the country in 2014 and added that a

Government

Russian government is renewing its strategy in the automotive sector

Vedomosti – Russian government is renewing its strategy in the automotive sector. Russian prime minister Dmitri Medvedev has instructed the ministries of industry and commerce, economic development and finance to

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Russian government is getting ready to bring age limits to trucks and buses

Kommersant – Russian Ministry of Industry and Commerce has submitted the law draft, bringing age limits to trucks and buses, to the government. In case the draft passes, the new

Government Market

Russian government has increased the budget for the utilisation programme

Vedomosti – Russian government has increased the amount allocated from the budget for the automobile utilisation programme to 12.9 billion rubles. Thereby, it will be possible to sell an extra