OREANDA-NEWS.   The Bank of Moscow signed a credit agreement with OJSC NPO ELSIB for a revolving credit line with a limit of 450 mln rubles for working capital financing. The term of the credit is 36 months.

OJSC NPO ELSIB is a leading company developing and producing turbine generators, hydro generators, large electric machines. The enterprise supplies its production to objects of such industries as energy generating, oil and gas, coal mining, chemical and other both in Russia and abroad. At present about 30% of generating capacity of power plants in Russia is produced by the generators of OJSC NPO ELSIB.

“Our main advantage in cooperation with companies of the real sector is that we clearly understand the problems and needs of a company and are always ready to offer timely support in any issue. The Bank of Moscow has all the necessary for it — a broad scope of products, an individual approach and a long-term experience”, commented Evgeny Monin, the Bank of Moscow Corporate sales department director.