OREANDA-NEWS. September 26, 2007. Since the beginning of September 2007, Bank Electronika has distributed two tranches of credit totaling $5.5 million to Minsk (Belarus) company Horizont. The entire credit line from Bank Electronika for Horizont, the largest producer of television technology in the Republic of Belarus and the CIS, is for $9 million.

Horizont intends to use the credit to augment its working capital and to purchase constituent parts for the manufacture of televisions and electronics.