Sviaz-Bank Financed Purchases of Lumbering Equipment
OREANDA-NEWS. November 09, 2007. In November Sviaz-Bank arranged financing for the euro 600 000 deal of ZAO "Mebelnaya Fabrika Kolchugino” to purchase a forwarder and a harvester manufactured by a renowned Finnish company John Deere Forestry Oy, reported the press-centre of Sviaz-bank.
Three-year funding was provided by one of the biggest Scandinavian banks – Nordea Bank (Finland). The buyer was granted a two-year grace period and will have to pay for the purchased equipment only during the third year of the deal.
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