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Russia: NOK takes out loan to complete bottle plant

Shareholders of NOK (Novosibirsk Tin Mill) have approved a RUR 385-million loan from Russian SBERBANK. NOK company assets will be used as collateral.
The funds will be used to finish construction of …

Shareholders of NOK (Novosibirsk Tin Mill) have approved a RUR 385-million loan from Russian SBERBANK. NOK company assets will be used as collateral. The funds will be used to finish construction of the SEVERSK STEKLO glass bottle plant in the Tomsk region. NOK holds a 50% share in SEVERSK STEKLO.

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