29 января 2009, 00:00 2801 просмотр

Vester to recieve USD53 million loan

Vester, a Russian retailer, has received a new loan of RUB1.5 billion (USD53.2 million) to finance the development of its frozen investments. A bank partner has decided to grant a new loan, once all the old debts of the company have been refinanced. Vester plans to complete construction of its hypermarkets in Orenburg and Yaroslavl and a shopping center in Naberezhnye Chelny. In addition to that, Vester is seeking buyers for the land and properties with a total value of USD50 million, he added. In the wake of the financial crises Vester has closed two stores in the Lipetsk and one in Tolyatti.

 www.planetretail.net

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Vester to recieve USD53 million loan

Vester, a Russian retailer, has received a new loan of RUB1.5 billion (USD53.2 million) to finance the development of its frozen investments. A bank partner has decided to grant a new loan, once all the old debts of the company have been refinanced. Vester plans to complete construction of its hypermarkets in Orenburg and Yaroslavl and a shopping center in Naberezhnye Chelny. In addition to that, Vester is seeking buyers for the land and properties with a total value of USD50 million, he added. In the wake of the financial crises Vester has closed two stores in the Lipetsk and one in Tolyatti.

 www.planetretail.net

Vester to recieve USD53 million loan
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