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MZ TH signed contract with Globexbank.

Sep. 3 Motovilikhinskie Plants Trade House signed the guarantee contract with Globezbank, the company informed.

The credit line limit is fixed at 900mln rub. till Sep. 1, 2017.

The Plant (TIN 5906009273) keeps metallurgic complex and engineering divisions for the production of the equipment used in the oil/gas sector, building and military spheres in line with the defense-oriented Rosoboronexport.

The 2013 net losses (IAS) gained 2.427bn rub. vs. 252.732 rub. in profit; revenues declined 2.15 fold to 6.723bn rub. from 14.427bn rub.; losses from sales gained 840.123mln rub. vs. 393.724mln rub. in profit; pretax losses reached 2.678bn rub. vs. 343.886mln rub. in profit.

The IH 2014 net losses (RAS) moved down 13.47% to 680.393mln rub. from 786.331mln rub. prior year; revenues increased 23.11% to 1.147bn rub. from 931.721mln rub.; losses from sales being down 37.49% to 343.061mln rub. from 548.801mln rub.; pretax losses - 10.69% to 788.361mln rub. from 882.771mln rub.

"AK&M", 05.09.2014


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