Funding
Cherkizovo 
Gazprombank’s retail business is focused on providing modern high-tech products and services.
RUSSIA, Moscow. Gazprombank and Cherkizovo Group signed a loan agreement to finance the construction of a high-tech automated production facility for slaughtering pigs and processing pork in the Tula Region.
The slaughtering and processing facility in the Tula Region will boost Cherkizovo’s high value-added capacity to 500,000 t per year. Additionally, the new factory will create over 2,000 highly-paid jobs in the region. 
Imago / ITAR-TASS
Gazprombank will grant Cherkizovo a 12-year credit facility, providing RUB 40.8 bn of the RUB 48 bn to be invested in the project. The deal is structured as a project financing arrangement under the Ministry of Agriculture's concessional lending program for agricultural producers. Gazprombank ranks among Russia’s Top 3 banks by main volume indicators (according to Interfax-100. Russian banks) and is one of the largest financial institutions in Central and Eastern Europe.
Source: Cherkizovo
