The Russian government has approved the extension of fiscal support measures for companies in the coal industry. The tax relief measures introduced earlier at the instruction of the President will remain in effect until February 28, 2026.
Companies in the industry will have the right to defer payment of the mineral extraction tax (MET) and insurance contributions. Additionally, until the end of February, measures of compulsory recovery of debts will be suspended in relation to coal companies. An important condition is the absence of bankruptcy proceedings against the debtor company.
The adopted measure is aimed at stabilizing the coal industry. The working capital freed up by the deferment will allow companies to reinvest funds in current operations, ensure sustainable production, and fulfill social obligations during the period of adaptation to new market conditions.