BANK OF MOSCOW TO FINANCE TECHSNABEXPORT PROJECTS

摘要

MOSCOW. (Interfax) - Techsnabexport (Tenex) and the Bank of Moscow signed a cooperation agreement to arrange financing for the nuclear products supplier's programs to develop the nuclear and power industries, and Russian and foreign projects in this sector. Under the agreement, which was signed by Tenex general director Vladimir Smirnov and Bank of Moscow president Andrei Borodin, the bank will help finance Tenex development programs, investment programs and projects, and government projects in which the company is involved, as well as raise investment in organizations controlled by Tenex. Smirnov said on December 20 that developing partnerships with financial institutions enables the company to promote Russian nuclear fuel products and services on the world market.