Urals | Industry, manufacturing | Finance, business

Gazprombank to loan $65m to Uralvagonzavod

23 Jul '10
Sverdlovsk region-based rail cars producer Uralvagonzavod has opened a $65m line of credit with Gazprombank, the bank reports.

The funds are reportedly to be repaid by January 2013, the interest rate has yet to be disclosed.

Under plans, the funds are to be used to finance export contract.
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