Bank of Moscow Grants Bank Guarantee to Dalstroymekhanizatsia
OREANDA-NEWS. January 17, 2013. The Khabarovsk branch of the Bank of Moscow has granted a bank guarantee of 330.5 million roubles for OAO Dalstroymekhanizatsia for a period of 2 years and 3 months. The purpose of the guarantee is to secure obligations under a state contract for construction of the Lidoga-Vanino federal highway. The customer for construction of the highway is the state institution procuring fulfilment of the federal target programme "Economic and social development of the Far East and Zabaikaliya".
OAO Dalstroymekhanizatsia is one of the biggest construction organisations in the Far East, its core business being building highways. Its main customers are state institutions implementing federal target projects.
Every year, OAO Dalstroymekhanizatsia is among the first twenty in the rating of the "100 best construction organisations of Russia". The company’s 2011 revenues amounted to 2 536 422 thousand roubles and profits to 30 989 thousand roubles.
"Support for the regional infrastructure is one of the Bank of Moscow’s main spheres of activity", says Evgeny Monin, Head of the Bank of Moscow Regional Business Development Directorate. "This was also stipulated in the Agreement recently signed between the Bank and the Government of the Khabarovsk Region. Within the scope of this Agreement, the Bank of Moscow is financing implementation of priority national projects, innovative development of the industrial complex, technical refitting and modernisation of enterprises in the Khabarovsk Region".
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