Tag: VTB Bank

VTB Bank gave Uvadrev-Holding LLC a loan of 7.3 billion rubles

VTB Bank opened a line of credit to Uvadrev-Holding LLC — one of the biggest companies in Udmurtia’s wood processing industry. The loan of over 7.3 billion rubles is issued for the term of up to 10 years...

Solomensky Lesozavod LLC received a loan from VTB for a wood pellet production project

VTB Bank provided Solomensky Lesozavod LLC a loan in the amount of RUB 376 million for a period of three years, reports “Interfax-North-West” with reference to VTB. The interest rate for using the loan has not been specified....

Russian Timber Journal 04-2020: Opinion poll of Russian timber companies on the impacts of the coronavirus on outputs and sales; the Government of the Russian Federation approved a list of systemic timber enterprises and measures to support them; how the spread of COVID-19 affects operations of world timber companies (update)

Russian Timber Journal 04-2020: in mid-May 2020, WhatWood agency conducted an express survey of the largest timber industry players about how the coronavirus epidemic affected their production activities and the sales situation; the Government of the Russian Federation approved...