OREANDA-NEWS.  February 1, 2012.  The Bank of Moscow has provided OOO NPO Kosmos with a bank guarantee of due performance of obligations under a state contract for carrying out contractor work on reconstruction of Bolshaya Akademicheskaya Street from Priorova Street to Dmitrovskoye Shosse. The guarantee was granted in favour of the Moscow Construction Department to a sum of RUR 2.5 bln up to 1 October 2016.

In all, from 2002 through 2012, a number of various types of loan agreement have been concluded between the Bank of Moscow and OOO NPO Kosmos to an aggregate sum of over RUR 30 bln. The funds were extended for covering cash gaps in budget financing within the scope of city order fulfilment and for remitting deposits for participation in tenders for concluding state contracts.

OOO NPO Kosmos is a multi-profile company whose core business consists in acting as general designer and general contractor and itself performing construction and reconstruction of roads, bridges, tunnels, runways, buildings and structures, scientific research development of high-tech materials and scientific support for work carried out.