OREANDA-NEWS. November 24, 2011. Sviaz-Bank’s branch in Chelyabinsk is about to open a revolving line of credit to the Chelyabinsk Pipe Rolling Plant OJSC, with a loan debt limit of 1 billion rubles, reported the press-centre of Sviaz-Bank.

The loan will be made for a term of one year for increasing the company’s working capital.

The Chelyabinsk Pipe Rolling Plant is one of Russia’s biggest producers of steel pipes. Its output is used for laying major pipelines in the country.