OREANDA-NEWS. December 23, 2010. Sviaz-Bank will open two revolving credit lines of 150 million rubles both to the Vladimir Regional Electric Power Company, OJSC, to finance the company’s current operations. The loan contract was awarded to Sviaz-Bank as winner of a public auction, reported the press-centre of Sviaz-Bank.

Each of the credit lines will have a drawdown period of 12 months.

VREPC OJSC is part of the regional structure run by the Russian Utilities Systems OJSC, the biggest private federal company in the utilities industry.