"The head of the Luhansk People's Republic (LNR), Leonid Pasechnik, asked president Vladimir Putin to help solve the problem of lending to investors in the coal industry of the region", - russian media report.
It concerns the Trading House "Donskie Ugli" and the Industrial Group "Rodina," which were previously presented by the "LNR" authorities as reliable investors.
"Due to a lack of financing, these companies cannot launch investment projects in the leased coal mines of the republic and cannot pay salaries to employees", - laments Pasechnik. According to him, the republic's authorities have already allocated more than 1 billion rubles from the regional budget in the form of repayable loans, which made it possible to partially pay off wage arrears.
The head of the "LNR" is asking putin to assist in lending to "investors" who have no funds to invest. He warns that "if these companies cannot receive sufficient credit funds, the mines will have to be shut down and mothballed". Moreover, for this "subsidies from the federal budget of 25.6 billion rubles will be required until the end of 2028, since there are no funds for conservation in the LNR budget".
As previously reported, the "investors" were leased the most promising mines in the occupied part of the Luhansk oblast.