OREANDA-NEWS. On 16 February 2009 was announced, that according to the agreement that PAVA and Sberbank signed in end-January 2009, the bank granted a 12-month loan of RUR150 mln. to the Altay grain processor.

The funds are intended for purchasing grain to be processed on the company’s flour mills.

The structure of the PAVA company, which is among major grain processors in Russia, includes three flour mills: Rebrikha, Mikhailovsky (the Altay Territory) and Achinsk (the Krasnoyarsk Territory). The total processing capacity of PAVA enterprises stands at approximately 1,400-1,500 tonnes per day.