News

Gazprombank granted Sverdlovenergosbyt a RUR 1.5 bln credit line and a RUR 500 mln overdraft credit

Moscow, June 8th. – Gazprombank and Sverdlovenergosbyt signed an agreement on opening a RUR 1.5 credit line and a contract for RUR 500 mln overdraft credit. Both agreements are valid for one year. Credit funds are intended to finance current activities of Sverdlovenergosbyt.

Sverdlovenergosbyt is a guaranteeing supplier of electrical power at the territory of Sverdlovsk Region. Among clients of the company there are around 1 mln of individual consumers and 31 thousand of corporate clients. Sverdlovenergosbyt delivers electric power to the largest Russian metallurgy and machine-building enterprises. Sverdlovenergosbyt incorporates 6 inter-regional branches that include 66 divisions located in 93 municipal districts of the Medium Ural.