3 Jul 2020
EUR 60 million
Financial institutions and SMEs
|Date of agreement:||1 Aug 2008|
|Customer:||ZAO Atlas Copco|
|Amount in RUB:||RUB 393 million|
|Amount in EUR:||EUR 10.7 million|
|NACE sector / loan type:||Real estate activities|
|Business area:||Industries and services|
Investment loan has been provided to ZAO Atlas Copco for the financing of new premises in Moscow, Russia. The borrower is responsible for all Atlas Copco´s operations in Russia. In order to mobilise the company to take advantage of growing markets, ZAO Atlas Copco is moving into new premises. In addition, the company plans to continue its expansion in Russia. The Atlas Copco Group is a global industrial group of companies headquartered in Stockholm, Sweden. ZAO Atlas Copco is a legal entity in Russia within the Atlas Copco Group.
The construction of the new office, warehouse and workshop premises will not give rise to significant environmental impacts. Previous operations have contaminated the soil on the site and remediation activities were carried out before the construction work started.