RNKB Bank (PJSC) opened a credit line for Zenden Group in the amount of RUB 200 million. The funds were provided for 5 years as part of a comprehensive investment project to organize shoe production in the city of Evpatoria.
“This project is really important for the whole region, and the bank is ready to provide full assistance at all stages of its implementation,” said Alexei Shcherbakov, Vice President, Director of Corporate Business at RNKB.
In turn, Zenden Group CFO Pavel Chaltsev noted: “The new amount of financing is the next positive step of the RNKB Bank towards our investment project. We value the long-term cooperation with the credit and financial leader of the region, which contributes to the development of shoe production in Russia and provides financing for the most important sectors of the economy. ”
Zenden Group - Russian diversified industrial holding of federal scale. The group manages a retail chain of 258 company stores in 103 cities of Russia, shopping centers, as well as modern shoe production in the country. Since 2016, the group has been implementing a large-scale investment project for the construction in the Republic of Crimea of a unique production cluster and a new shoe factory with a capacity of more than 1 000 000 pairs of shoes per year.