OREANDA-NEWS. May 31, 2013. Sviaz-Bank’s branch in Vladimir has been named winner of a public auction held by the Vladimirvodokanal Municipal Unitary Enterprise for a contract it has now been awarded for a nonrevolving credit line of 100 million rubles to be opened to the enterprise for 24 months to increase the enterprise’s working capital.

Vladimirvodokanal MUE is the sole supplier of water delivery and sewage disposal services to the population and corporate entities in Vladimir and suburban populated centers. Its customers include over 3,000 enterprises and businesses and some 110,000 apartments and households.

Business partnership between Sviaz-Bank and Vladimirvodokanal MUE dates back to 2011. The Bank’s financial support enabled the enterprise to improve its efficiency in supplying water to consumers with a high measure of reliability and quality. Continued mutually beneficial cooperation between the Bank and Vladimirvodokanal MUE will contribute to urban infrastructure development in Vladimir.