Воронежская структура холдинга «Авангард-Агро» возьмет в кредит 1 млрд рублей (14-03-2018)

Voronezh structure of the holding company "Avangard-agro" will take a loan of 1 billion rubles (14-03-2018)

OOO " Avangard-agro-Voronezh "(subsidiary of AO
" Avangard-agro") signed an agreement with PAO" Sberbank " on the opening of a non-revolving credit line in the amount of 1 billion rubles, follows from the documents of the disclosure center.

The company will take a loan for a period of not more than one year. Other companies controlled by the holding, such as OOO Avangard-agro-Orel, OOO Avangard-agro-Kursk and Moscow OOO Avangard-agro-trade, act as guarantors on the loan.

According to the documents, the total cost of the loan in the amount of 1,082 billion rubles is 7.69% of the book value of the company's assets. The total amount of transactions between Avangard-agro-Voronezh and Sberbank is RUB 3.8 billion (27.15%).

AO Avangard-agro is one of the largest agricultural producers in Russia. The company processes land in the Voronezh, Orel, Kursk, Belgorod and Lipetsk regions. It grows winter wheat, malting barley, sunflower, sugar beet, corn, buckwheat, soy and other crops. According to SPARK-Interfax, the company with an authorized capital of 8.1 million rubles was registered in 2004. General Director – Alexey Kirkin. According to Rosstat, 49% owned by PAO AKB "Avangard", at 25.5% of the joint-stock company "Russian malt" and OOO "Alkor holding group." The consolidated revenue of Avangard-agro in 2016 amounted to 18 billion rubles, net profit-4.7 billion rubles.

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