KAMAZ sued almost 390 million rubles from the Ministry of Industry and Trade of Russia

A document on the satisfaction of the claim of the VTK KamAZ JSC to the Ministry of Industry and Trade of the Russian Federation appeared in the card index of the Moscow Arbitration Court. In 2023, the company applied for a subsidy of 386 million rubles, but received a refusal, because it did not meet on time: the application was submitted at 18:18, 18 minutes later than the deadline. The court found the actions of the Ministry of Industry and Trade erroneous and decided to return the money.

The Arbitration Court noted that the subsidy under the Decree of the Government of the Russian Federation of 07.28.2022. No. 1347 is a measure of state support for exporters, and the plaintiff does not extract commercial benefits from its receipt. The foreign trade company KAMAZ took into account state support when concluding an export contract: the subsidy was laid down in the price of products, which made it more competitive in foreign markets.

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The court considered the arguments of the defendant unconvincing and decided to satisfy the lawsuit against the Ministry of Industry and Trade in full. The authorities must pay 386.1 million rubles of subsidies, as well as the costs of paying for the state fee in the amount of 2.4 million rubles. Until at least 2022, the foreign trade company KAMAZ was a hundred percent “daughter” of PAO KAMAZ.

At the time of the sharp strengthening of the ruble, KamAZ became unprofitable, and the auto giant deliberately reduced supplies “in order to prevent the complicated financial situation of the company.” At a rate of 60 rubles per dollar, selling trucks abroad was economically impractical, and the subsidy of the Ministry of Industry and Trade could cover losses during this period.

And Kamaz came