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Siberian Agro Group and Sberbank signed an agreement on the launching of the non-renewable credit line in the volume of 4.387bn rub., the company informed.

The funds will be spent on the building of the pig-breeding complex in Krasnoyarsky reg. The credit period covers 8 years.

Siberian Agro Group (TIN 7017012254) is a vertically-integrated full-cycle agro holding. It includes several pig-breeding complexes, meat packing factories and other entities.

The IH 2012 net profit (RAS) rose 19.5% to 198.758mln rub. from 166.337mln rub. prior year period; revenues increased 58% to 1.717bn rub. from 1.087bn rub.; gross profit - 54.5% to 315.95mln rub. from 204.512mln rub.; pretax profit - 19% to 198.304mln rub. from 166.89mln rub

"AK&M", 15.02.2013