The Ukrainian Metal

Russia: Rosbank open credit line for VMZ

The Privolzhsky subsidiary of the Rosbank has signed an agreement on the 6 billion rubles credit line with Vyksa Iron and Steel Works, a part of OMK.

The contract stipulates provision of loans in rubles, dollars and euros.

“Rosbank started cooperating with the Vyska Works in 2006, and now it’s one of our strategic partners. The company demonstrates good development rates and is one of the most technologically advanced on the metal market. We plan to strengthen cooperation with the companies of this sector, by providing them with a wide range of modern banking products and services”, the regional director of the Rosbank Privolzhsky subsidiary Oleg Vindman said. (Ukrainian metal)

Exit mobile version