For the enterprises of concern "tractor factories" (KTZ) in the Chuvash Republic, want to reduce tariffs on electricity and defer tax payments to the budget. This was reported to IA REGNUM in the Ministry of economic development of the Republic on the outcome of the workshop, which was held at the Ministry with participation of representatives of the concern, energy, tax service.

During the meeting the question was raised "optimization of energy consumption and the possibility of tariff reduction given the increase in consumption capacity". Energy, in turn, as well as tax, require the GTC to guarantee payment of current payments, to pay off debts.

"Also raised was the issue of debt restructuring of the group for a period up to 5-7 years and possible grace period for taxes and duties to the Republican budget. This issue is under consideration and approval," — said in the Ministry of economic development of Chuvash Republic.

In the GTC assure that the repayment of current payments in the priorities and arrears is expected to close in stages starting in the third quarter of 2018. The Ministry of economy declare "stabilization activities of JSC "Promtractor Wagon" and "Promtractor-Promlit", increasing the loading of their production capacities", stressing the need for "operational solutions" HR issues and ensuring the orders of two other companies of the group operating on the territory of Chuvash Republic, JSC "Promtractor" and "Cheboksary aggregate works".

We will remind, earlier in mass media it was reportedthat the company since 2010, is facing serious financial problems, GTC's total debt was estimated at 100 billion rubles.