The Russian Federation's governmental commission for increasing the sustainability of economic development has approved the list of strategic enterprises entitled to preferential government support during the current time of economic crisis. However, the list, which includes 295 companies from various industries, is still not complete and does not guarantee the receipt of financial aid.
The Russian government's main aim is to maintain the stability of the companies in question not only by using instruments of credit, but also by a whole package of measures, such as state guarantees, interest rate subsidies, tax debt restructuring, government orders, custom tariff policies etc. Besides, in case of need, the government will minimize the negative social-economical consequences, resulting from the closure of these companies.
The list of Russian strategic enterprises includes the following mining and metallurgical companies:
Mining and Metallurgical Company Norilsk Nickel,
Severstal Russian Steel, Rusal, Evraz Group (including Nizhny Tagil Iron and Steel Works (NTMK), West-Siberian Steel Works (ZapSib), Novokuznetsk Iron and Steel Plant (NKMK) and Kachkanarsky GOK), Magnitogorsk Iron and Steel Works (
MMK) (including
MMK-Metiz), Novolipetsk Steel (
NLMK) (including Saint Petersburg seaport), Ural Mining and Metallurgical Company (UGMK),
Mechel, Metalloinvest Holding (Metalloinvest), United Metallurgical Company (OMK), TMK, ChTPZ Group, ALROSA, Industrial Metallurgical Holding, Russian copper Company, Chelyabinsk Electrometallurgical Works, Polyus Gold, ESTAR, Amurmetall, Electrostal Metallurgical Plant, Russian Mining Company and Souzmetallresource.
The list is not complete and may be modified by resolution of the government commission in question.