"Moscow Credit Bank (MKB) has financed the first tranches to the companies belonging to United Machine Building Group (OMG) for RUB 4.8 billion.

For example, MKB will provide turnover financing, bank guarantees and letters of credit to the group of companies. Out of them almost 2 billion rubles of credit subsidies for Ural plant.

Alexander Kaznacheev, Deputy Chairman of the MKB Board, reminded that the bank assists the backbone enterprises to implement the projects within the framework of concessional lending. According to him, such measures help companies in their activities, especially in the current circumstances.

It should be reminded that OMG is one of the leaders in the machine-building sector of the country and consists of three sub-holdings - Ural Plant and Avtodiesel Plant and OMG Stroitelno-road Equipment. They mainly produce different kinds of trucks. The group of companies includes more than 15 production facilities in 6 regions of Russia.

Made in Russia // Made in Russia

Author: Ksenia Gustova