Proton-PM signed credit contract with Sberbank Mar. 26, the company informed.
1.8bn rub. are raised to fund the current activity. The credit period expires in Dec. 2015.
Proton-PM (TIN 5904006044) is the largest producer of liquid rocket engines and its modifications. Besides, it makes the nodes for the RD-191 engines. The major holder is GKNPTS M.Khrunichev.
The 9-month 2013 net profit (RAS) boosted 16.86 fold to 119.769mln rub. from 7.105mln rub. prior year; revenues added 7.32% to gain 3.313bn rub.
from 3.087bn rub.; profit from sales dropped 21.56% to 228.165mln rub. from 290.887mln rub.; pretax losses reached 116.387mln rub. vs. 9.061mln rub. in profit