Soho
Zenden provided a credit line for 300 million rubles
27.09.2016 5071

Zenden provided a credit line for 300 million rubles

RNKB Bank opened a credit line for ZENDEN Group in the amount of 300 million rubles. The funds were provided for a period of 24 months in order to replenish the company's working capital. In April 2016, RNKB Bank entered into an agreement with the ZENDEN Group of Companies to support the construction of a shoe factory in Evpatoria.

“We are ready to provide domestic producers with access to credit funds for enterprises to develop their business,” says Alexei Shcherbakov, vice president and director of corporate business at RNKB. “In addition, the ZENDEN Group is also planning to implement a serious project to build a shoe factory on the peninsula, and the bank is ready to provide full assistance in this.

The new amount of funding continues the history of a strategically important partnership between leaders in their industries, ”said Pavel Chaltsev, financial director of the ZENDEN Group. - Cooperation also speaks of the importance of the development of the shoe industry for the growth of the Russian economy. The Bank traditionally lends to efficient borrowers with a promising, sustainable business, and we are certainly pleased to be among them. 

ZENDEN Group is a Russian diversified federal-scale industrial holding. The group manages a retail network of 251 brand stores in 101 Russian cities, shopping centers, as well as modern shoe production in the country. Since 2016, the ZENDEN Group has been implementing a large-scale investment project for the construction in the Republic of Crimea of ​​a unique industrial cluster and a new shoe factory with a capacity of more than 1 pairs of shoes per year. 

RNKB Bank opened a credit line in the amount of 300 million rubles to ZENDEN Group. Funds were provided for a period of 24 months in order to replenish the company's working capital. In April 2016, RNKB Bank concluded ...
3.3
5
1
1
Rating

Latest News

Istanbul hosts the 67th Aymod International Footwear Fair

The world's second largest international exhibition of footwear and accessories Aymod takes place in Istanbul from September 28 to October 1, 2022. 67 companies are participating in the 428th session of Aymod. About 7000 have already registered at the exhibition…
30.09.2022 211

Wildberries will pay entrepreneurs a bonus for the growth of orders

The Russian online retailer Wildberries is running a price containment program under which entrepreneurs who list their products on the online platform and provide discounts on their products will receive financial…
29.09.2022 297

By the end of the year, more than 300 sq. m of warehouses

According to Nikoliers, construction of 146 sq. m. has been completed in St. Petersburg since the beginning of the year. m warehouses. Contrary to expectations, developers continue to implement projects, as well as launch the construction of previously announced complexes. By…
29.09.2022 286

Mexico ramps up shoe exports amid US-China trade war

According to the results of the year, the growth of footwear exports in Mexico may amount to more than 50% and reach by the end of 2002 the volume from 32 million to 35 million pairs. This forecast was given by the President of the Chamber of the footwear industry of Guanajuato (CICEG) Alfredo ...
29.09.2022 1001

Dior presented "high" strappy sandals at Paris Fashion Week

Floral print and an endless number of shin straps are the new style of Dior shoes, showcased in the brand's spring-summer 2023 collection at Paris Fashion Week. Strappy sandals come with fine mesh knee socks in black and…
28.09.2022 459
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning