Russian Railways (RZD) is among the companies listed as a “backbone enterprise” by the government, alongside Transcontainer and Federal Passenger Company (FPK).
Sea and river transport companies received Roubles 517m, with another Roubles 1.5bn planned; the road sector received Roubles 500m; and air transport received Roubles 90.3bn, with another Roubles 1.9bn planned.
The Russian government has developed a set of measures to support important businesses during the pandemic, including soft loans. The funds can be used to cover costs such as staff, insurance premiums, rental and repair of premises and equipment, and utilities.
Subsidies have also been made available to cover expenses, along with tax deferrals and state guarantees for restructuring existing or issuing new loans and bond loans.