Made in Russia

All regions
ENG
Top stories

Nizhny Novgorod exporters participating in exhibitions will be compensated up to 2 million rubles

36
Nizhny Novgorod exporters participating in exhibitions will be compensated up to 2 million rubles

The enterprises from Nizhny Novgorod that participate in international exhibitions and export their products will be able to get compensations of up to two million rubles, the regional Ministry of Industry and Trade said.

The head of the ministry, Maxim Cherkasov, says that participation in such events allows companies to enter foreign markets and expand their export geography. At that, the state partially covers expenses, for instance, for rent of the exhibition area and registration fees.

"Now entrepreneurs can get compensations for participation in any international event, if a supply contract was concluded at that event. The amount of support will be up to 700 thousand rubles for SMEs and up to 2 million rubles for large companies," he said.

The final amount of compensation will be calculated based on the amount of contracts signed during the international event.

The Nizhny Novgorod Export Center claimed that one exporting company can get compensations for up to three international expositions during the current year. To do so, it needs to submit an application to the Russian Export Centre and enclose the required set of documents about the expenses.

Made in Russia // Made in Russia

Author: Ksenia Gustova

0