Far East | Industry, manufacturing | Finance, business

VEB to loan $280m to Dalenergomash on reconstruction

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.
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Tags: VEB (148) / Vnesheconombank (139) / Dalenergomash (0) /

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