Sviaz-Bank Loans Kamensk-Uralsky Nonferrous Metal Working Plant
OREANDA-NEWS. October 16, 2012. Sviaz-Bank’s branch in Yekaterinburg is to open a revolving credit line with a debt limit of 500million rubles to the Kamensk-Uralsky Nonferrous Metal Working Plant OJSC (KUZOCM OJSC), reported the press-centre of Sviaz-Bank.
The loan will be given for a drawdown period of three years to increase the company’s working capital.
The Kamensk-Uralsky Nonferrous Metal Working Plant OJSC is a member of the Renova Group of Companies. The plant is a leader in Russia’s nonferrous metal working industry. Its products are used extensively in Russia and other countries.
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