Credit Bank of Moscow and Rosatom State Corporation Engineering Division concluded an agreement

20.06.2019
Credit Bank of Moscow concluded an agreement on issue of bank guarantees with Atomstroyexport JSC (a company of Rosatom State Corporation Engineering Division). The established limit is 12 bln. RUR.
“We are glad to start cooperation with CBM, this cooperation will allow us to implement a larger amount of complex and interesting projects,” Nikolay Podorov, Senior Vice-President of ASE EC JSC commented the agreement.
“Conclusion of an agreement with Atomstroyexport JSC is another stage of successful development of cooperation of the bank with Rosatom State Atomic Energy Corporation enterprises, including in terms of financing,” underlined Alexandr Afonin, the first Vice-President of CBM.

Reference:

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Statement
ASE (Rosatom State Corporation Engineering Division) was established by integration of the leading companies of the industry: ASE EC JSC (Nizhny Novgorod), Atomstroyexport JSC (Moscow), Atomenergoproekt JSC (Moscow) and ATOMPROEKT JSC (St.-Petersburg).
ASE is one of the leaders in the global nuclear power engineering business holding about 30% of the global NPP construction market. Engineering Division carries out its activities in Europe, Middle East and Northern Africa as well as in the Asia-Pacific region.
80% of the portfolio include foreign projects.
It implements design and construction projects for high-power NPPs, renders a full range of EPC, EPC(M) services and develops Multi-D technologies for management of complex engineering facilities.

The Engineering Division rests upon the 50-year experience of the Russian nuclear power industry and state-of-the-art innovation technologies.
We construct reliable and safe NPPs with 3+Gen VVER reactors that are in line with all international requirements and recommendations.
www.ase-ec.ru

ASE (Rosatom State Corporation Engineering Division) was established by integration of the leading companies of the industry: ASE EC JSC (Nizhny Novgorod), Atomstroyexport JSC (Moscow), Atomenergoproekt JSC (Moscow) and ATOMPROEKT JSC (Saint-Petersburg).
ASE is one of the global leaders in nuclear power engineering holding 30% of the global NPP construction market. The Engineering Division operates in Europe, Middle East, North Africa and the Pacific region.
Foreign projects account for about 80% of the portfolio.
ASE implements design and construction projects for high-power NPPs, it renders a full range of EPC, EPC(M) services and develops Multi-D technologies for management of complex engineering facilities.

The Engineering Division draws on the lessons learned from over the 50-year history of the nuclear power industry in Russia and state-of-the-art technologies.
We construct reliable and safe NPPs with 3+Gen VVER reactors that are in line with all international requirements and recommendations.
www.ase-ec.ru
Contact details:
Head Office:
Address: 3, Svobody Square, Nizhny Novgorod, 603006, Russia
Phone: +7 (831)421-79-00

Moscow Branch Office:
Address: Bld. 1, 2, Dmitrovskoye Shosse, Moscow, 127434, Russia
Phone: +7 (495)737-90-37
E-mail: niaep@ase-ec.ru