SME Bank Provides Guarantee Support to Plastic Materials Manufacturer
OREANDA-NEWS. July 04, 2014. SME Bank (Vnesheconombank Group) provides guarantee support to a major plastic materials manufacturer in the Southern Federal District –Evropolimer (Rostov-on-Don).
The guarantee of RUB 40 mln will cover 50% of a loan of Bank Vozrozhdenie granted to the enterprise for expansion of production.
Apart from the guarantee SME Bank provides a loan of RUB 80 mln under SME – Maneuver credit product. The resources will be channeled for purchase of Italian equipment by MACCHI S.P.A. required for the production of high-quality five-layer thermoformed plastic film.
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