Select your city:
Moscow

VTB Bank call center

+7 (800) 200-77-99
+7 (495) 739-77-99
For general information and enquiries

VTB expands cooperation with CHEMK Industrial Group

 
30 November 2015

VTB expands cooperation with CHEMK Industrial Group.

VTB has provided a RUB 4 billion five-year loan to Kuznetsk Ferroalloys, part of CHEMK Industrial Group and one of Russia’s leading producers of ferroalloys.

The funds will be used to finance the company’s current operations, including the modernisation and repair of the plant’s equipment.

Yuri Soloviev, First Deputy President and Chairman of VTB Bank Management Board: "The financing issued will allow the company to boost production and optimise its loan portfolio. I am confident that it will further expand our long-term mutually beneficial cooperation with CHEMK Industrial Group."


Tags:
lending

Back to the list



VTB group news subscribe
  • E-mail subscribe
  • RSS lent
    Subscribe
    Subscribe
Download the list of cities.....