OREANDA-NEWS. April 03, 2012. The Bank of Moscow and OOO Transstromservice, a leader among the road building companies of the Moscow region, have entered into a loan agreement for the term of 1 year to the total amount of RUR 300 mln. The loans will be used to support applications for the participation in open e-auctions with state and municipal customers at OAO Unified Electronic Trading Facility.

Financing government contracts is a strategic business for the Bank of Moscow. In particular, cooperation with OAO UETF is among the Bank’s priorities.

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ООО Transstromservice is one of the leading road building companies of the Moscow region transacting its business on the basis of government contracts concluded as a result of awarding state-guaranteed contracts with the support of the Moscow budget. The core business of the company is the construction, reconstruction, and overhaul of roads, and road surface marking in Moscow, Moscow area and Kaluga area, as well as repairs of the federal roads.