OREANDA-NEWS. Stavropol branch of the Bank of Moscow has opened a credit line for ОАО Zelenokumsky Dairy (Milk Group of Companies). Within the framework of the credit line the borrower has been granted 105 million RUR for the acquisition of fixed assets (the loan maturity period is 60 months) and 40 million RUR to finance its working capital (maturity period is 123 months). Thus the total amount of the credit line is 145 million RUR.

Founded in 1951 ОАО Zelenokumsky Dairy (Milk Group) is one of the biggest enterprises of the food industry in the Eastern region of Stavropol Territory. Today after numerous reconstructions ОАО Zelenokumsky Dairy has an updated modernised production with automated production processes. The following enterprises of Stavropol Territory are incorporated in the Milk Group: ООО TC Budyonnovskmolproduct, ОАО Budyonnovskmolproduct, ОАО Alexandrovskt Dairy и ООО Rosproduct.

"The Milk Group, one of the leaders in the production and wholesale of dairy products in Stavropol Territory, is an important partner of the Bank of Moscow. We highly appreciate the existing relationship and are prepared to render professional support to the dynamically growing holding," commented Eugeny Monin, Head of the Regional Development Directorate of the Bank of Moscow.