FROSTSYSTEMCOMMUNICATION has received a R30-million credit from the ELEKTRONIKA bank (Moscow). The aim of the credit is to replenish the working capital. It will be repaid with company proceeds from trade operations under existing contracts. Collateral is the commodities in circulation. FROSTSYSTEMCOMMUNICATION is part of the ZOLOTOY TEREM group, which is a major producer of snacks.
Source: BANKIR.RU, August 30, 2006
