OREANDA-NEWS. March 04, 2013. The MEGABANK’s client – company "PC INDUSTRY" – has received another loan, which was issued under the credit facility, provided to the bank by the European Fund for Southeast Europe (EFSE).

As the owner of the company Sergey Nikitin told, his business was established in 2006. Cooperation with MEGABANK began in 2008, when the first loan for the purchase of goods in China was taken, after the loan funds for the purchase and renovation of a warehouse have been received. In 2012 MEGABANK once again financed "PC INDUSTRY" within the cooperation with EFSE. The loan is aimed at current activity and increase in working capital of the company, namely the purchase of bearings and rubber products. This gave "PC INDUSTRY" to become an official dealer of "6th State Bearing Plant" (Chelyabinsk, Russia).

"For six years, we have created almost from scratch an enterprise which dynamically develops and is the supplier of the largest industrial enterprises in Kharkov and Ukraine, and Russia. We buy goods not only in Ukraine, but also abroad. Today "PC INDUSTRY" has reached a new market of equipment manufacturers for mining industry. All this we managed to achieve also thanks to the support of MEGABANK", said S. Nikitin.

Reference. "MEGABANK" is actively cooperating with international financial organizations. Nowadays it has 17 international long-term programs within concluded loan agreements for UAH 1,422 mln. in equivalent with 10 investors including:

European Bank for Reconstruction and Development: 2 programes to support micro, small and medium sized businesses for USD 20 mln. and for USD 15 mln. correpondently and energy efficiency program in Ukraine for USD 13.5 mln.;

German state bank (KfW): program to support small and medium sized businesses for USD 10 mln. and the loan on terms of subordinated debt for USD 6.5 mln.;

International Finance Corporation (IFC): the loan on terms of subordinated debt for USD 7 mln. and program to support small and medium sized businesses for USD 9 mln.;

OJSC "Ukreximbank" (the World Bank line): the 2-d export development project in Ukraine for the amount of USD 24.5 mln.;

German-Ukrainian Fund (GUF): program to support micro, small and medium sized businesses for EUR 5 mln.;

European Fund of South-Eastern Europe (EFSE): 4 programs to support micro, small and medium sized businesses for USD 27 mln., including support program for agricultural businesses – USD 12 mln.;

WorldBusiness Capital, Inc. under security of OPIC: program to support small and medium sized businesses for USD 10 mln.;

Bank of Development of the Kingdom of the Netherlands (Financierings-Maatschappij vооr Ontwikkelingslanden NV – FMO): program to support small and medium sized businesses for USD 15 mln.;

GREEN FOR GROWTH FUND, SOUTHEAST EUROPE S.A.: funding program for investments in energy efficiency and renewable energy for USD 10 million;

Fund responsAbility from Luxembourg: micro crediting program for the amount of USD 4 mln.