OREANDA-NEWS.   The Stavropol Branch of the Bank of Moscow set a credit and guarantee limit of RUB 350,000,000 for Risna Group. Financing was provided to enable the Group to support its bids filed in tenders through electronic tendering platforms, replenish working capital, and issue bank guarantees to secure tender bids, advance payments, obligations, or warranty.

Risna Group comprises construction firms offering a whole range of services to build, repair or operate facilities andvstructures at federal, territorial and municipal public roads. Its area of activity covers the regions in the South and the North Caucasus federal districts, as well as Voronezh, Tambov, and Ryazan Oblasts. Great mobility, a team of experienced professionals, cutting-edge equipment and strict compliance with the quality standards enabled Risna Group to earn a reputation of a reliable partner.

"Risna Group, a leader in the road construction industry in the South of Russia and in the North Caucasus, is an important partner for the Bank of Moscow. We highly appreciate our existing partnership relations, and we believe that our cooperation will promote further development of the road infrastructure in the region," said Evgeny Monin, Director of the Corporate Sales Management Department, Bank of Moscow.