OREANDA-NEWS. December 22, 2011. The Bank of Moscow issued two loans for RUR 1.167 bln and 433 mln to MOEK. The purpose of lending is to replenish current assets. The funds are issued within the framework of two current lending agreements.

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MOEK OAO is a leader of the heat and power branch of the Russian Federation. The primary goal of the company is a good-quality and safe provision of Moscow with heat and hot water. The company’s activities include production, distribution and sales of thermal power. MOEK has developed and implements a number of programs aimed to enhance the energy supply and energy security of Moscow.