Saratovsky Refinery BOD approved the banking guarantee contract with Raiffeisenbank in the volume of 700mln rub., the company informed.
The guarantee period covers 275 days.
The Refinery (TIN 6451114900) is a producer of 20 types of petroleum products. Now it is one of the leaders on the regional market.
The 2011-net profit (RAS) rallied down 24.47% to 1.175bn rub. from 1.556bn rub. prior year; revenues boosted 43.25% to 7.905bn rub. from 5.518bn rub.; profit from sales lost 7.33% to come to 1.570bn rub. from 1.695bn rub.