Urals | Finance, business

EBRD loans Sinara $68m

29 Sep '08
Sinara Ц Transport Vehicles will get a $68m seven-year loan from the European Bank for Reconstruction and Development (EBRD), the company said today.

The loan will be used for retooling and modernization of Ural Railway Engineering Plant in Sverdlovsk Region and Ludinovsk Locomotive-Building Plant in Kaluga Region.

Some funds will also be invested in energy-saving and environment-friendly projects.
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Tags: European Bank for Reconstruction and Development (69) / Sinara Transport Vehicles (2) / Ural Railway Engineering Plant (0) / Ludinovsk Locomotive Building Plant (0) /

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