Sviaz-Bank Issues 2,7 bn Ruble Bank Guarantees to Rusengineering
OREANDA-NEWS. October 22, 2010. Sviaz-Bank has issued bank guarantees for a total amount of 2.7 billion rubles to Rusengineering LLC as security for the company’s obligations to the Federal Network Company of the Integrated Power System, OJSC, reported the press-centre of Sviaz-Bank.
Rusengineering LLC is a group of companies undertaking comprehensive projects in design, construction, and maintenance of power network infrastructure.
Today, this holding company’s operating assets comprise 11 companies specializing in design and construction of power and cable networks and substations, and development of automated control and communications systems. Rusengineering operates in Russia’s Central, Northwestern, Ural, Siberian, and West Siberian regions.
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