OREANDA-NEWS. January 17, 2014. VTB Bank has issued a two-year RUB 1.41 billion guarantee to Ufa-based Bashkiravtodor, as part of its strategy of developing its business with infrastructure management companies.

The guarantee concerns the fulfillment of a two-year state road maintenance contract the company signed for 2014-2015. The contract involves the maintenance and repair of regional and municipal public roads in the Volga region of Bashkortostan.

“The development of infrastructure industries contributes towards meeting a wide range of social and economic targets,” said Valery Lukyanenko, member of VTB Bank Management Board. “One of VTB’s key aims is to support companies in this sector.”