Power engineering will be obtained the credit Of kommertsbanka
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On this week JOINT STOCK COMPANY "novosibirskenergo" will sign theagreement with THE PRIVATELY HELD COMPANY "kommertsbank (Eurasia)"(daughterly bank German Commerzbank AG) about the assignment to thecompany of the provided for urgent credit line with volume $10 ofmillion. The conditions of agreement and the size of credit it was approved bythe council of the directors OF JOINT STOCK COMPANY"novosibirskenergo" on 31 August. Means will enter the calculations of energy company to the end ofSeptember and they will be mastered by AO- energy prior to the end ofthis year.
According to the communication of press- service JOINT STOCK COMPANY"novosibirskenergo", the means of credit will be directed toward "financing of theregulation activity of company". In bese de s "7" the financial director of energy company DenisVershinin refined, that the money directed toward financing of investment projects"novosibirskenergo". In particular, it noted, prior to the end of the year must be put into use the turbogeneratorof ¹yya of Novosibirsk TETs-3. With the planned volume of capital investments into 472 million rub. in eight months of this year it was mastered only 109,2 million rub. (23%).
The cost of investment program "novosibirskenergo" in 2004 is 1,3billion rub. The large part of these means is directed toward the implementation ofthe program of capital construction, reconstruction and technical reequipping AO- energy. On 1 September "novosibirskenergo" completed the building of thelargest in recent years investment unit - power unit ¹' of NovosibirskTETs-5. Only in 2004 on the building of this unit were mastered about 550million rub.
Assignment conditions for bank credit do not reveal side. As it became known for "7", credit is guarantee, however, what precisely property "novosibirskenergo" is returned into theguarantee of performance of the contract, it is contained in the secret. Money enumerated to the calculations of energy company to the end ofSeptember and completely mastered prior to the end of the year. On agreement conditions, credit can be extinguished by equal parts during entire period of itsaction.
Commercial secret is the cost of credit itself. According to Denis Vershinina, the conditions Of kommertsbanka proved to be most advantageous amongthe proposals about the "long" credits. According to the estimation of analysts, Kommertsbank had to propose "novosibirskenergo" the hard currency loanthe cost lower than rate of the crediting Of sberbanka RF in therubles, i.e., it is lower than 11% annual. "in order to interest" Novosibirskenergo ", Kommertsbank had to propose credit for the much smaller money. 8-10 percent - this is normal rate for two years ", - counts the leader Of "bKS-konsalting" Vyacheslav Louguinine.
Novosibirskenergo for the first time it turned to the services offoreign business bank. According to Denis Vershinina, Until now, AO- energy it gave credit exclusively in the Russian creditorganizations. Moreover, it noted, company during this year only opened several "long" credit lines inthe Russian banks, moreover their volumes are not compared with the volume of foreigncredit. They all, by Mr. Vershinin's own acknowledgement, it is much larger. According to the findirek- torus, "novosibirskenergo" is not assembled to be limited to interaction withthe Kommerq- bank: "we are ready now and we will draw further the long money of otherbanks".
Helen Morozov
"trader 7"
14 September 2004. |
