OREANDA-NEWS. December 14, 2012. As part of its bid to expand cooperation with major chemical companies, VTB in the fourth quarter of 2012 provided the Soda company financing in the amount of RUB 1.02 billion for its current activities.

The formation of the Bashkirskaya Soda Company, resulting from the merger of Soda, Kaustik and Bereznikovsky Sodovy Zavod, was announced on December 13.

VTB has been a financial partner of Soda since 2005. The bank provides the company with a broad range of investment banking services that allow it to operate effectively.