Obuv Rossii GC signed an agreement with Peresvet Bank to open a credit line with a limit of 800 million rubles for a period of 1,5 years. Obuv Rossii will use the raised funds to replenish working capital and finance the current activities of the Group. Long-term relations with the bank will allow the company to launch new projects that increase the competitiveness of the business. In 2016, Obuv Rossii plans to increase production, develop new sales markets, including footwear for outdoor activities, tourism, special footwear, improve financial services and develop new sales channels, including online trading.
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