9 Jun '10
Khabarovsk-based energy equipment manufacturer Dalenergomash intends to take out $280m in loans with state-run Vnesheconombank (VEB), news agency REGNUM reports.
The loan terms and interest rate have yet to be disclosed.
Under plans, the funds are to be invested into large-scale reconstruction of the plant.
The loans are reportedly to be secured against guarantees by Khabarovsk region government.