OREANDA-NEWS.   The Bank of Moscow extended a credit and guarantee limit in the amount of 2.532 bln rubles to CJSC GERA. Within the limit the borrower received a guarantee for the amount of 168 mln rubles to complete contract work aimed at the reconstruction of utility lines of the Moscow Zoo located at: ul. Bolshaya Gruzinskaya, building 1, Presnensky district, the Central Administrative Okrug, Moscow.

CJSC GERA is part of the same-name Group of companies founded in 1993. During 21 years of activity it performed projects of a wide scope: construction and reconstruction of motorways and utility lines; complex improvement and development of territories; it launched production of road concrete mix and ecological soil; created its own logistics complex for storage of fluid materials with a branch railway line.

“The Bank of Moscow sees the support of municipal facilities development as an important task. We are happy to finance our client’s project aimed at the reconstruction of utility lines of the Moscow Zoo which is an attraction sight of the capital”, comments Evgeny Monin, the Bank of Moscow Corporate sales department director.