1. Sberbank extending cooperation with companies of New Stream and NefteGasIndustria Group

Sberbank extending cooperation with companies of New Stream and NefteGasIndustria Group

14 December 2018
Sberbank has made a decision to open additional lines of credit to support the industrial activity of Antipinsky Oil Refinery (managed by JSC New Stream) and Afipsky Oil Refinery (NefteGasIndustria Group).

Provision of new financial support has already allowed Antipinsky and Afipsky Oil Refineries to resume oil supply. The launch of the plants at full production capacity is planned in the near future. In this regard, Antipinsky and Afipsky Oil Refineries in cooperation with Sberbank announce their plans to implement all current obligations on delivery of oil products to clients with a small delay due to the recent short-term suspension of production activity.

Source - Sberbank

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