SME Bank, subsidiary bank of the SME Corporation, provided the Irkutsk company “Sibenergo”, participating in the implementation of the region of electric power projects, financing 7 million rubles at a rate of 7 percent per annum under the program subsidizing program of the Ministry of Economic Development of Russia for the execution of contracts with the largest customers Irkutsk region and neighboring areas with it. About this “Lente.ru” told in the press service of the corporation.
SIBENERGO company has been conducting its activities since November 2016 and specializes in the implementation of electrical installation works, in particular engaged in laying power lines and the construction of power facilities. Among the main customers of the company is the largest “Irkutsk Electric Grid Company” and the Private Regional “Irkutsk Oil Company”.
In addition to the execution of orders of the main energy companies in the region, in 2020, SibENERGO became a contractor for electrical work in the process of eliminating the consequences of flooding in Tulun and Nizhneudinsk, and also participated in the construction of a quick-scale hospital building for sick COVID-19.
2020 for our company was very difficult, we could turn out to be on the verge of bankruptcy several times, but with the economic conseks of the pandemic managed to cope thanks to the financial support of SMEs of the Bank – we took advantage of the loans for the preservation of employment and the resumption of activities in the framework of the state programs, says Mikhail Shestov’s CEO. – By the end of the year, business life in the region has practically recovered, and Sibenergo managed to win somewhat important for the company and the regions of orders – we have connected to the restoration of energy seals and ensuring their safety in the cities of Tulun and Nizhneudinsk, where in 2019 A large-scale flood happened. With the execution of this order, I again helped the SME Bank, providing a loan for execution of the contract under the most comfortable 7 percent per annum. “
“Coronavirus pandemic became a real challenge for small and meditive business companies. The task of SME Bank as the Institute of Development to substitute entrepreneurs” Financial Shoulder “at each of the stages of exiting a difficult situation – from the phase of maintaining their case to bring it to a new development trajectory. Speaking about our cooperation with Sibenergo, I want to emphasize that this is not only an example of supporting the business and preserving jobs for employees of the enterprise. It is also about the implementation, thanks to the Bank’s financing, a socially significant project to restore life quality after entry in Tulun ” – Strocameled Chairman of the Supervisory Board of SME Bank, General Director of SME Corporation Alexander Isaevich.