RCC has received government support for its high-tech project

15.02.2016 — News

MOSCOW

The RCC Group has been granted a loan on favorable terms under the federal program of export support, which was initiated by the Ministry of Industry and Trade of the Russian Federation. The loan for implementation of the high-tech project was provided by Roseximbank.

As RusBusinessNews has been informed by the Press Service of the RCC Group, at the end of 2015 the Company opened a line of credit with the borrowing limit of 40 million US dollars for the period of 2 years.

The borrowed funds are earmarked for development of production of high-tech copper wire rod intended for export.