OREANDA-NEWS. November 20, 2013. Sviaz-Bank’s branch in Saratov opened a revolving credit line with a debt limit of 3 billion rubles to Volgomost OJSC, to be drawn down until December 25, 2015. The loan will be used to increase the company’s working capital and purchase capital assets.

Sviaz-Bank and Volgomost OJSC began their successful cooperation in 2007.

Volgomost OJSC is ranked among Russia’s biggest bridge building businesses and does all jobs, from designing to building transportation infrastructure projects, including bridges, highway interchanges, and roads, to providing maintenance services on the completed projects. Today, Volgomost carries out construction projects in 16 Russian regions, and is vigorously expanding beyond them.

“Given the specifics of Volgomost’s activities, we may be certain that the many years of partnership between our Bank and the company is more than mutually rewarding – it is also significant for the economic growth of Saratov Region and the country in general, and for making Russian citizens’ lives better,” said Mikhail Grishin, Manager of Sviaz-Bank’s branch in Saratov.