OREANDA-NEWS. Sberbank's Severo-Zapadny Bank has opened a three-year revolving line of credit worth RUB 500 mln for ROK-1 Group. The funds will be used to top up the Group's working assets.

"Cooperation with a major full-cycle fish producer is one of Sberbank's projects to support Russian manufacturers," commented Svetlana Sagaidak, Senior Vice President of Sberbank.

"Long-term financing from Sberbank will help our company to develop and strengthen our position on the market," commented Mikhail Soshnik, CEO of ROK-1 OJSC.

ROK-1 is one of Russia's largest fish processing companies. The holding carries out a full-cycle of fish processing, from fish breeding to processing and delivery to final consumers.