VTB agrees credit facility for Atomenergoprom
OREANDA-NEWS. VTB Bank has extended a five-year RUB 30bn credit facility to the JSC Atomenergoprom. Thefunds are expected to be used to finance entities of ROSATOM, Russia’s national nuclear company, including its investment programme to build nuclear power plants in Russia as agreed annually with the federal executive bodies.
VTB Bank provides a full range of bank services to ROSATOM and its businesses through its branches, subsidiary offices and VTB Group companies in Russia and abroad.
Atomenergoprom provides the full production cycle of nuclear-power engineering — from uranium extraction to nuclear power plant construction and energy generation, and acts as the centralised treasury of the nuclear industry.
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