OREANDA-NEWS. The Bank of Moscow has raised the LC limit for ООО ESK Energomost (Yekaterinburg) to 4 billion RUR. The limit will be used to obtain bank guarantees and in more details guarantees assuring return of advance payments, discharge of obligations, tender warranties and warranties extended for warranty periods.

Initially the company had an LC limit amounting to 1.5 billion RUR to assure return of advance payments and discharge of contractual obligations.

ООО ESK Energomost has been operating in the market since 1998 and is one of the biggest companies in the Urals in the sphere of building power transfer network structures. The company performs the whole range of work connected with the construction of power transfer lines and substations with the voltage range from 0.4kW to 750kW. The geography of the company’s construction and installation operations is large. The built sites are located in many RF regions: Sverdlov Area, Perm Territory, Bashkortostan, Udmurtia, Western and Eastern Siberia. ESK Energomost can be found in the catalogue called "100 Biggest Industrial Enterprises of Sverdlov Area".

"We have been working with the Bank of Moscow since the middle of 2012. Within this period of time the Bank has proved itself to be a reliable partner and the raising of the guarantee limit for our company is just another proof of productivity of our co-operation. The guarantees used within the established limit will permit us firstly to find new customers and secondly to expand manifold our business", commented Alexei Nikitin, General Director of ООО ESK Energomost.

"Co-operation with OOO ESK Energomost, one of the leading companies in the Urals, assistance in developing and expanding its business shows efficiency of the Bank’s work in the RF regions", commented Maxim Kokorin, Vice President of the Bank of Moscow.