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07:24 (UTC+5), 24 October 2018

Enterprises-investors will be reimbursed part of expenses for equipment in Bashkiria

IMPORT Servisnyy
UFA, 24 October 2018. /Bashinform News Agency/ translated by Tatiana Aksyutina/. In Bashkortostan, enterprises-investors will be reimbursed part of the expenses for equipment, the Ministry of Economic Development RB reports. The Government of the republic has adopted a Procedure for subsidizing the costs of industrial enterprises implementing priority investment projects in the region for the purchase of equipment.
The size of the subsidy will be set at 20% of the cost of equipment, and 30% in the case of the high-tech equipment purchase. The maximum amount of financial support should not exceed 100 million rubles per recipient.
Companies with annual revenues from 500 million to 3 billion rubles can apply for such support. At present, 18 projects are entitled to subsidies.
According to the Ministry of Economic Development RB, the budgetary effect is projected at 1.8 billion rubles of income tax and personal income tax revenues. The social effect is expressed in the creation of more than 2 thousand jobs.
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