Lebedinsky GOK and KUMZ to receive equipment without payment of VAT

​The Ministry of Industry and Trade of Russia has expanded the list of the technological equipment, the analogues of which are not produced in Russia and the import of which is held without the payment of VAT. The new list was approved by the Government regulation #329 as of April 9th 2015.

These changes aim for the support of the existing investment projects:

-construction of the hot-briquetted iron production (Lebedinsky GOK, in the structure of Metalloinvest);

-modernization of plates’ production for the output of L.E.D., raw parts for the production of plates for L.E.D., optical plates for mobile electronics and optical elements (Monocrystall CJSC);

-production of large size plates, coils and other items for innovation aluminium alloys (Kamensk-Uralsk metallurgical plant OJSC);

-production rise of high-quality light oil products (TAIF-OC OJSC);

-modernization of production of items out of polymer materials (Europolymer Ltd).