Siberia | Industry, manufacturing | Finance, business

Sberbank loans $16m to Omsk’s Spring

18 Sep '09
Omsk soft drinks manufacturer Spring has taken out a $16m loan with Sberbank, the bank reports.

The funds are reportedly loaned for five years, the interest rate has yet to be disclosed.

Under plans, the funds are to be spent on purchase of a juice production line, with capacity of 18,000 1.5-liter bottles per hour, manufactured by German firm Krones.
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Locations: Omskaya oblast; Omsk

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