OREANDA-NEWS. February 12, 2014. The Bank of Moscow extended a revolving credit line to Orenburgoblprodcontract, a state unitary enterprise (GUP) in Orenburg Oblast, in the amount of 400 mln. rubles. The credit line with a term of 1 year was opened to finance purchase of fertilizers, plant protection products, seeds, petroleum, oil and lubricants, meat, grain and oil crops.

Orenburgoblprodcontract, a state unitary enterprise of Orenburg Oblast, was founded in 1993. In compliance with Orenburg Oblast Law #1872/327—III-OZ as of 09.03.2005 "About the list of strategically important enterprises and joint stock companies" GUP Orenburgoblprodcontract was included into the list of strategically important enterprises of Orenburg Oblast. The enterprise functions as a territorial food corporation and fulfils federal and regional orders for the purchase and delivery of agricultural products and food.

"The Bank of Moscow considers participation in projects ensuring economic development of the regions of the Russian Federation as a high priority and strategically important objective. Within the framework of developing this strategy and supporting producers in Orenburg Oblast we offered the most convenient conditions of financing and service to our customer when we put into life the deal with Orenburgoblprodcontract", commented Evgeny Monin, the Director of Corporate Sales department.