MIL-OSI Russia: The government allocated 2.4 billion rubles to support industrial enterprises in the Kursk region

Translartion. Region: Russians Fedetion –

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

The work is being carried out on the instructions of the President.

Document

Order of March 14, 2025 No. 601-r

2.4 billion rubles have been allocated from the Cabinet’s reserve fund for recapitalization of the state industrial development fund in the Kursk region. The order to this effect was signed by Prime Minister Mikhail Mishustin.

The funds will be used to finance measures to support affected industrial enterprises.

“The decision taken will speed up the resumption of production in border areas and ensure the observance of social guarantees for our citizens,” Mikhail Mishustin noted atat the Government meeting on March 13.

The head of the Cabinet recalled that, on the instructions of the President, a whole range of support measures have been envisaged in the border regions, including the provision of subsidies to organizations and individual entrepreneurs for partial compensation of expenses for paying employees for forced downtime, an annual deferment of taxes and insurance premiums for citizens and organizations, grants for the restoration or relocation of production, the supply of vehicles for mobile trade, benefits for equipment leasing, and free economic zones with special conditions for entrepreneurial activity are also in effect.

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