Yerevan /Mediamax/. Russian “GazpromBank” opened a long-term credit line at the total sum of $40mln for “ArmRosGazprom” CJSC.

Mediamax was informed in the press service of “Areximbank – GazpromBank Group” CJSC that the corresponding loan agreement for the term of 7 years was signed on the eve between the Russian “GazpromBank” OJSC and “ArmRosGazprom” CJSC.

Subsidiary structure of “GazpromBank” – “Areximbank – GazpromBank Group” CJSC will be maintaining the credit line.

Over the past few years, the total volume of “ArmRosGazprom” investments in realization of investment projects made $700-$750mln. The projects are being realized both at the expense of own and borrowed means.