2 Apr 2012 19:24

Rostvertol borrowing 47.2 bln rubles from Sberbank

MOSCOW. April 2 (Interfax) - Shareholders in Russian helicopter manufacturer Rostvertol voted at an extraordinary meeting at the end of March to approve credit facilities totaling 47.221 billion rubles from Sberbank , the company said in a statement.

The credit facilities will be open until December 31, 2018 and will be used to fulfill the state defense order under state guarantees.

OJSC Russian Helicopters owns 92.01% of Rostvertol.

Rostvertol is one of Russia's biggest helicopter manufacturers, producing Mi-24/35 transport and combat helicopters, Mi-26T heavy transport helicopters and Mi-28h new generation attack helicopters.