SMNG and Vozrozhdenie Bank continue business cooperation

On 18 January 2017 JSC SMNG, as part of the state holding JSC Rosgeo represented by JSC Rosgeo Deputy CEO – Managing Director Mr. Sergey Suchkov, and Vozrozhdenie Bank represented by Head of Murmansk branch Mr. Eugeniy Maksakov signed a credit agreement.

Under the agreement, the Bank has opened a one-year currency line of credit for SMNG to supplement floating assets and finance the preparation of SMNG vessels for field season 2017.

JSC SMNG and Vozrozhdenie Bank have continued cooperation for more than four years, during which they have proved their ability to successfully resolve most complicated issues together.