MIL-OSI Russia: The government will allocate almost a quarter of a billion rubles to support fisheries enterprises operating in the Black and Azov Seas

MIL OSI Translation. Region: Russian Federation –

Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

In 2024, fisheries organizations operating in the Azov and Black Seas will receive funding to partially cover their operating expenses. The order to allocate 234.1 million rubles for these purposes was signed by Prime Minister Mikhail Mishustin.

Subsidies are intended for fishing organizations and fish farms operating in the Donetsk People’s Republic, the Republic of Crimea, Krasnodar Krai, Zaporizhia and Kherson regions, as well as the city of Sevastopol.

With the help of federal funding, companies will be able to cover part of the costs of paying employees and social contributions (insurance contributions for mandatory pension, medical and social insurance). The size of the subsidy will be 20% of the cost of the average annual volume of marine aquaculture products caught by a fishing organization or produced in a fishery over the previous three years. At the same time, companies must retain at least 80% of their employees compared to the previous year’s figures.

The work is being carried out within the framework of the state program “Development of the fisheries complex”.

Earlier, in 2022, among the measures to ensure economic stability in the context of external sanctions, the Government provided financial support to fishing enterprises operating in the Sea of Azov. Such enterprises received transfers to support current expenses to maintain financial stability and jobs.

The document will be published.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

http://government.ru/nevs/52787/

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

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