OREANDA-NEWS.  The Bank of Moscow extended a credit facility to Teplocentral Municipal Enterprise of Zhukovsky city in the amount of 100 million roubles. The credit facility was provided for 1 years for replenishment of working capital.

Teplocentral Municipal Enterprise was founded in December 1993 on the basis of the Department for External power plants and systems of Central Aerohydrodynamic Institute named after Professor Zhukovsky, Federal State Unitary Enterprise (FSUE TsAGI). The enterprise was founded to ensure social needs of organizations and people in housing and communal services. At the moment the enterprise is engaged in operation and maintenance of the boiler-house, as well as 81-kilometre (two-pipe) heating networks, attached to it.

"We believe that the Bank of Moscow is a reliable financial partner: credit facilities were provided very quickly, in future we plan to continue our cooperation with the Bank," said Anatoly Kapichnikov, the Director of Teplocentral, Municipal Enterprise.

"For the Bank of Moscow the cooperation with enterprises of housing and communal services sphere is a priority direction of work, and we are pleased that the provision of funding to Teplocentral, Municipal Enterprise can maintain the functioning of such important sector of public utilities as heating supply. In future we hope to develop mutually beneficial relationships with our clients," said Evgeny Monin, the Director of Corporate Sales Management Department of the Bank of Moscow.