Volga | Finance, business | Industry, manufacturing

Proton PM to open $33.3m LOC with Sberbank

14 Dec '09
Perm-based rocket engines manufacturer Proton PM has announced plans to open a $33.3m line of credit with Sberbank.

The funds are reportedly to be loaned for one year at up to 20% interest rate.

Under plans, the funds are to be used to finance the companys current operations.
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Locations: Perm Krai

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