Vyksa Steel Works to borrow from Rosbank

Russian private bank Rosbank and Vyksa Steel Works, a part of Russia-based OMK Group, have signed a contract regarding cooperation and the renewal of a line of credit with a limit up to Ruble 270 million ($9.3 million). The line of credit will be opened for three years and will be directed towards the replenishment of the floating assets of Vyksa Steel Works.