SME Bank Finances Complex Modernization of Heat Supply
OREANDA-NEWS. September 10, 2013. SME Bank (Vnesheconombank group) allocates RUB 61 mln for complex reconstruction of a heat supply system in Pervomaiskyi in the Tambov Region.
The project is implemented by Teploresurs. The borrowing cost for the enterprise is 12.25% p.a, the support is provided under “SME-Maneuver” credit product.
The total project size is RUB 75.3 mln, thereof 80.9% are invested by SME Bank via AKB Tambovcreditprombank. The resources will be channeled for the purchase of new heating equipment and construction of two automated modular gas boiler houses.
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