Dec. 10 Sinarsky Pipe Plant signed agreement with Sberbank on the launching of the non-renewable credit line, the company informed.
The contract is worth 2.252bn rub.; credit period expires in Dec. 2016.
STZ (TIN 6612000551) is included into Pipe Metallurgic Company (TMK) as pipes producer. The products are delivered to the oil/gas companies, engineering plants, energos, building entities.
The 9-month 2013 net profit (RAS) rallied up 2.25 fold to 1.115bn rub. from 495.176mln rub. prior year period; revenues dropped 1.98% to 21.209bn rub. from 21.637mln rub.; profit from sales being up 60.62% to 2.178bn rub. from 1.356bn rub.; pretax profit being doubled to 1.489bn rub. from 692.349mln rub.