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Obuv Rossii GK received 350 million rubles from Intesa Bank
30.12.2015 2514

Obuv Rossii GK received 350 million rubles from Intesa Bank

Intesa Bank again provided Obuv Rossii GK with a revolving credit line with a limit of 350 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.

In the 2015 year, Obuv Rossii showed an increase in key financial indicators: the Group's revenue for 9 months increased by 27% to 5,6 billion rubles, net profit doubled to 735 million rubles. One of the key events for the company was the acquisition of a large S-TEP factory in the Novosibirsk Region, as a result of the transaction, the production capacity of Shoe Russia will double - up to 1 million pairs of shoes per year.

Intesa Bank again provided Obuv Rossii GK with a revolving credit line with a limit of 350 million rubles for a period of 1,5 years. The attracted funds "Obuv Rossii" will direct to replenish ...
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