The Ministry of Industry and Trade will work to ease the KPI requirements for recipients of subsidies in good faith.

The Ministry of Industry and Trade will work to ease the KPI requirements for recipients of subsidies in good faith.

The state should not punish with fines bona fide investors who took advantage of preferential loans and managed to implement the project, but did not fully comply with key performance indicators (KPIs), said the head of the Ministry of Industry and Trade of the Russian Federation Anton Alikhanov, in a speech at the Forum of Russian Industrialists on Friday. "Penalizing businesses for not achieving certain key performance indicators provided by industrial support measures - in our country it has indeed become a certain stumbling block for some support indicators when there is not one KPI, but two or five.