Urals | Industry, manufacturing | Finance, business

Czech Export Bank to loan $380m to Uralvagonzavod

13 Apr '10
Czech Export Bank is to loan $380m to Sverdlovsk region-based railcars manufacturer Uralvagonzavod on reconstruction, that the company is carrying out in cooperation with Czech firm Alta, news agency RIA Novosti reports.

Specifically, under plans, by June 2010 the plant is to launch a new painting complex, and in November the new line to assemble and press wheel sets.
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