OREANDA-NEWS.  May 08, 2013. Sviaz-Bank’s branch in Yekaterinburg is to open a non-revolving credit line of 300 million rubles to Metallist OJSC for a drawdown period of 24 months.

The borrower wants to use the loan funds to finance its current operations.

Metallist OJSC is one of Russia’s biggest manufacturers of spares for the mining and metal making industries and boring piles for building foundations in permafrost, or in black earth and loamy soils. The company’s products are used across Russia and exported in large quantities to many countries, including Western Europe.