Russian govt to consider state support for sanctioned van maker GAZ – TASS

MOSCOW, May 17 (Reuters) – Russia’s Industry and Trade Ministry plans to ask the government to consider state support for van maker GAZ, which is under U.S. sanctions, TASS news agency cited Industry and Trade Minister Denis Manturov as saying on Friday. Russian businessman Oleg Deripaska’s GAZ Group is seeking 30 billion roubles ($464 million) in support from the government, citing the risk of a 40 percent drop in second half output, Kommersant newspaper reported last month. ($1 = 64.6700 roubles) (Reporting by Gabrielle Tétrault-Farber and Polina Devitt; writing by Tom Balmforth; editing by Susan Fenton)

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