April 18, 2019 / 9:30 AM / 3 months ago

Russia's govt weighs new support for sanctioned GAZ Group -TASS

MOSCOW, April 18 (Reuters) - The Russian government is looking at the expediency of providing further support to sanctioned businessman Oleg Deripaska's GAZ Group, TASS news agency cited a government official as saying on Thursday.

The Kommersant business daily reported earlier on Thursday that GAZ was seeking 30 billion roubles ($468 million) in support from the government, citing the risk of a 40 percent drop in second half output. (Reporting by Andrey Kuzmin; Writing by Tom Balmforth; editing by Maria Kiselyova)

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