Ural Turbine Works Ltd. get long-term loan to finance their contract with Muller Machines SA
30 March 2006 (08:26)
Ural Turbine Works Ltd. (part of Renova Group) received a long-term loan from TransCreditBank to finance their contract with Muller Machines SA of Switzerland. The loan comes to 2,125m Swiss francs given for a timespan of 5.5 years. The Works is going to buy some special equipment for production of steam and gas turbine blades. The contract has been signed within the framework of Financing Program for export of Swiss goods and services. The guarantors of the contract are Swiss Risk Export Guarantee (ERG) and Credit Suisse of Zurich
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