OREANDA-NEWS.  June 10, 2014. SME Bank (Vnesheconombank Group) has provided financial support to research and development enterprise NTZ MSP for production of car air-cleaning systems in Alabuga Special Economic Zone (Elabuga, the Republic of Tatarstan).

The Bank opened a credit line of RUB 150 mln for 7 years via the Investment and Venture Fund of the Republic of Tatarstan. The project volume is RUB 175.5 mln.

“SME Bank provides financial support to projects contributing to development of the national economy and import substitution. A new plant in Elabuga meets these requirements”, said Peter Tarasov, Deputy Chairman of the Board of SME Bank.