The government has allocated $7.3 million (more than 600 million rubles) for the development of the Russian electronics and radio electronics industry. The relevant order is published on the official legal information portal.

“To send the allocated budgetary funds […] to the Ministry of Industry and Trade for financial support of the fulfillment […] of the state assignment by the Russian Scientific Research Institute of Radio Electronics in 2022 within the framework of the ‘Development of Electronics and Radio Electronics Industry’ state program,” the document states.

The Russian Research Institute of Radio Electronics is the leading research and testing organization that carries out research in the field of electronic components.