OREANDA-NEWS. March 23, 2010. For the purpose of financing of the Krasnoyarsk sewage collector construction project with the total cost exceeding RUB 617 million, on March 4, 2010 the Krasnoyarsk subsidiary of VTB Bank and JSC Krasnoyarsk Housing and Public Utilities Complex (JSC KrasKom) signed the first RUB 100 million facility agreement with a term of 1.3 years. “The project is implemented under the Krasnoyarsk water supply and sewerage development program 2007-2012, approved by the members of City council”, said Valery Lukyanenko, member of VTB Bank Management Board.

Participation of VTB Bank in financing of the project will encourage timely windup of construction of the collector enhancing the capacity of the sewer system, located at the left bank of the city, in view of extra sewage of facilities constructed and reconstructed at the left bank of Krasnoyarsk.