OREANDA-NEWS. Within the established lending ceiling two credit products have already been extended to ZAO OrenBurg (amounting to 50 million RUR) and ZAO Orensakh (amounting to 70 million RUR), both representing Orenburg Group of Companies.

The loan to ZAO OrenBurg has been extended for the term of 2 years and is aimed to acquire some fixed assets for the company. The loan to OOO Orensakh has been granted for the term of 1 year to finance the company’s working capital.

The Group’s core businesses are project management and engineering services; land survey works; gas and oil pipeline design, construction and repairs, and also construction and installation work and reconstruction and industrial and civil sites including work in hardly accessible marshland areas, deep-frozen soils and other complicated natural conditions. Orenburg Holding provides over 30 types of services all meeting the customers’ high requirements.

"One of the priorities of the Bank of Moscow is crediting of regional businesses. The Bank of Moscow actively cooperates with the enterprises included in the real sector of economy and pays a special attention to extending loans to the representative of this sphere. We hope that cooperation with one of the market leaders, and Orenburg Group is undoubtedly one, will become mutually beneficial and efficient", commented Eugeny Monin, Head of the Regional Business Development Directorate of the Bank of Moscow.