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The Russian government plans to reduce taxes for metallurgical companies in the SEZ and the Far East

Taxes for metallurgical companies in the Far Eastern territories of rapid economic development (SEZ) can be reduced, the ITAR-TASS news agency reported with reference to Arkady Dvorkovich.

According to the Deputy Prime Minister of the Russian Federation, the Russian metallurgy is going through a difficult situation: “The state is unable to force banks to extend the terms of lending to metallurgical companies. We can give a signal about what the situation in the economy will be. In addition, in those regions where we have special rules where we can reduce taxes, for example, in the SEZ and now in the Far East - territories of advanced development, we will do this, including for metallurgy, "said the vice -Premier.

The statement was made against the background of an unexpected collapse of Mechel's shares - 28 in February Moscow Exchange was forced to suspend trading in the company's securities after the quotations fell by 40 percent within ten minutes.

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