OREANDA-NEWS. Sberbank's Moskovsky Bank has opened a non-revolving line of credit for Izotech Invest JSC to finance and refinance expenses for the construction of a plant that will produce large-diameter pipes and insulator in the Moscow Region town of Peresvet.

"Izotech Invest successfully works with major clients of the oil and gas industry and public utilities sector," commented Svetlana Sagaidak, Vice President of Sberbank. "This 4.15 bln rouble line of credit has been provided to the company for 10 years."