OREANDA-NEWS. October 28, 2011. The Bank of Moscow has concluded a credit agreement with CJSC Ufaoil (belonging to GK Ufaoil-OPTAN) on opening a credit facility with a debt limit of RUR 400 mln.

The purpose of the loan is to replenish the company’s circulating assets. The term of the loan is 1 year.

For information:

GK Ufaoil-OPTAN is the biggest petroleum product sales structure, with an extensive branch network. The company supplies petroleum products wholesale to 69 regions of the Russian Federation.

The extensive geographical coverage by the OPTAN network of petrol filling stations is one of GK Ufaoil-OPTAN’s chief advantages. The OPTAN filling station network today consists of 70 such stations in 11 regions of the Russian Federation, putting the company among the biggest three independent operators in Russia in terms of filling station numbers.