OREANDA-NEWS.    The Bank of Moscow has provided Gammaflex LLC with a credit loan in the amount of 120 mln Rubles for three years. Credit funds are provided to replenish circulating assets of the company as well as to refinance debts in other Banks.

Gammaflex LLC is an actively developing company on polymer package production, which was founded in 1997 under the ECOPAK trade mark to manufacture general purpose polyethylene bags. The company produces materials for packaging of food products, cleaning agents and hygiene products, bags from LDP, HDP, and MDP, including bags with multiply layer stamping carriers, brand and advertizing images and polyethylene three layer various purpose plastic sheets.

The company is equipped with the newest machines of leading European producers and advances manufacturing technologies. The set of already purchased equipment allows the company to exercise all the package production operations. Since January, 2010 the company has been working on a new site in the city of Schelkovo, the Moscow region.

Gammaflex is a noticeable player in the package products production market and an important partner of the bank of Moscow. We highly regard established partnership relations with our client and are always ready to provide professional assistance of this growing company,’ said Evgeni Monin, Director of the Corporate Sales Management Department in the Bank of Moscow.