Deal Worth Around 13 Million U.S. Dollars Signed Between Slovene and Russian Companies

Brdo pri Kranju, 10 July - Slovenia's largest bank, NLB, and a Slovene telecommunications equipment producer, Iskratel, signed on Tuesday contracts with KB Guta Bank from Moscow and Telecom of the Moscow Region, respectively; while Iskratel is to supply Telecom of the Moscow Region with telecommunications equipment and services totalling US$ 12.8 million, NLB is to finance 85 percent of the deal through a bank-to-bank loan given to the Moscow bank.

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