FAS HAS AGREED PREFERENCE FOR SEVERRECHFLOT TO SUPPORT RESIDENTS OF THE FAR NORTH

It will increase the accessibility of remote settlements of the Yamalo-Nenets Autonomous Region, in which there is no ground transport*

The Department of Property Relations of the Yamalo-Nenets Autonomous Region submitted to FAS Russia an application for approval of the state preference. The purpose of the preference is to support the living of the population in the regions of the Far North and areas equated to them**.

It is about the transfer to Severrechflot JSC of the river station complex for rent to serve the population of the inland water transport along intermunicipal and interregional routes. Since there is no passenger road and rail transport in the city, it is possible to get there only by air or water transport.

The authority has established that the main functionality of the company is the transportation of passengers by inland waterways. Thus, the activity of Severrechflot JSC meets the stated purpose of the preference.

In this regard, FAS Russia has decided to consent to the granting of state preferences with restrictions, including purpose-oriented use of the object without transferring the rights of use of property to other persons and three-year limitation on the duration of the preference.

The authority will monitor compliance with the requirements of the antimonopoly legislation when using the preference. If violations are detected, the antimonopoly authority issues remedies to take appropriate measures***.

For reference:

* Yamalo-Nenets Autonomous Region is one of the districts of the Far North

** Paragraph 1 of Part 1 of Article 19 of the Federal Law No. 135-FZ of 26.07.2006 "On Protection of Competition"

 *** Article 21 of the Federal Law No. 135-FZ of 26.07.2006 "On Protection of Competition"