Russia’s Volma attracts loan

The Volgograd-based (South) Volma company, Russia, which produces finishing construction materials based on gypsum and cement, has attracted two loans with a total value of RUB 600 million (€9.63 million/US$10.71 million) for up to three years with VTB Bank. The funds will be used for construction of a new plant in the Republic of Adygea (South) and for replenishment of working assets.
July 8, 2015 Read time: 1 min

The Volgograd-based (South) Volma company, Russia, which produces finishing construction materials based on gypsum and cement, has attracted two loans with a total value of RUB 600 million (€9.63 million/US$10.71 million) for up to three years with VTB Bank.

The funds will be used for construction of a new plant in the Republic of Adygea (South) and for replenishment of working assets.

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