Bank of Moscow funds construction of lime production facility

The Bank of Moscow has given a seven-year loan of RUB 1 billion (€20.16 million/US$25.91 million) to Tsentr-Izvestnyak company (Tula region, Central Federal District; a part of Terex Group). The funds will be spent on construction of a lime production enterprise with a yearly capacity of 200,000tonnes. The investments are estimated at about RUB 2 billion. Phase one will be put into operation by late 2015 and phase two at the end of 2016. In all, Terex intends to invest over RUB 3 billion in constru
September 26, 2014 Read time: 1 min

The Bank of Moscow has given a seven-year loan of RUB 1 billion (€20.16 million/US$25.91 million) to Tsentr-Izvestnyak company (Tula region, Central Federal District; a part of 3652 Terex Group).

The funds will be spent on construction of a lime production enterprise with a yearly capacity of 200,000tonnes.

The investments are estimated at about RUB 2 billion. Phase one will be put into operation by late 2015 and phase two at the end of 2016.

In all, Terex intends to invest over RUB 3 billion in construction materials production in the Tula region.

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