OREANDA-NEWS. December 23, 2010. Sviaz-Bank has been named winner in a lot of the public auction held by MRSK Center and Volga OJSC for the right to open a nonrevolving credit line with a debt limit of 1 billion rubles to finance the company’s current operations, reported the press-centre of Sviaz-Bank.

A loan agreement will be made for period of at least 60 months.

MRSK Center and Volga OJSC is the leading provider of services, such as electric power transmission and connection to power networks, in Vladimir, Ivanovo, Kaluga, Kirov, Nizhniy Novgorod, Ryazan, and Tula regions, the Republic of Mari El and the Udmurtian Republic. Its majority shareholder, MRSK Holding Company OJSC, has a 50.4% interest in its authorized capital.