Obuv Rossii develops cooperation with VTB
26.05.2014 3310

Obuv Rossii develops cooperation with VTB

Obuv Rossii attracted a credit line from VTB for 1 billion rubles. The funds are provided for 3 years and will be used to finance the 2014 Obuv Rossii investment program. The company intends to open 120 stores.

In October 2013, VTB Bank and Obuv Rossii signed a loan agreement in the amount of RUB 500 million for a period of 1,5 years. Thus, the total volume of financing by the bank for the company's activities will amount to 1,5 billion rubles.

Obuv Rossii attracted VTB credit line for 1 billion rubles.

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