OREANDA-NEWS. Novosibirsk Branch of the Bank of Moscow has provided a bank guarantee in amount of 607.8 million roubles on behalf of Novosibirskavtodor, OJSC. The guarantee is provided to ensure fulfilment of obligations under the state contract for road construction and reconstruction of M-51, M-53 and M-55 road sections of Baikal highway.

Novosibirskavtodor, OJSC is a dynamically developing federal company in the market of road infrastructure construction, capable of implementing most complex state-of-the-art projects in time and on a high quality level, using advanced technologies.

"We are pleased that our partnership with Novosibirskavtodor, OJSC is expanding. We had already provided bank guarantees to this company before, as we understand the significance of supporting the performers of state and municipal orders. We hope that, thanks to the cooperation with Novosibirskavtodor, OJSC the Bank of Moscow will contribute to the development of the transport infrastructure of the Siberian Federal District," commented Evgeny Monin, the Director of Corporate Sales Management Department of the Bank of Moscow.