Vnesheconombank Signs a Package of Credit Documentation with Czech Export Bank
Today on April 27, within the framework of Czech President Vaclav Klaus’ formal visit to Russia in the course of the Russian-Czech Forum Vnesheconombank and the Czech Export Bank signed a package of credit documentation to finance the construction of an agro-bio integrated factory in Ramenskoye, the Moscow region.
The Documents were signed by Vnesheconombank Deputy Chairman Sergey Lykov and Czech Export Bank General Director, Board Chairman Josef Tauber and Deputy General Director, Board Member Miroslava Hrncirova.
Vnesheconombank is determined to fully finance the construction of the agro-bio integrated factory comprised of a farm for 2400 milk cows and a production facility designed to manufacture agromineral fertilizer with a capacity of 100 thousands tons per year. The total value of the project is 42 million euros. The Czech company GENOSERVICE will be responsible for building the integrated factory.
Financial support of the project aimed at modernizing and reequipping the product dairy farm on which basis the integrated factory is to be built in the Moscow region is a specific example of Vnesheconombank’s participation in a high-priority national project “Development of Agroindustrial Complex.
Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93, Fax: +7 (495) 975-21-34
E-mail: press@veb.ru
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