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VTB finances TMK Trading House

27 November 2014

VTB finances TMK Trading House ©

VTB Bank has signed a three-year, RUB 6 billion operating line of credit with TMK Trading House.

First Deputy President and Chairman of VTB Bank Management Board Yuri Soloviev commented: “TMK is one of the biggest suppliers of pipes. Apart from supplying its products to key Russian businesses, the company exports to over 60 countries. By supporting TMK, VTB contributes to the development of this country’s strategic sectors.”

TMK Trading House is a division of TMK, one of the leading global suppliers of pipes for the oil and gas sector. TMK comprises 28 businesses located in Russia, the US, Canada, Romania, Oman, UAE and Kazakhstan, as well as two research centres in Russia and the United States.


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