JOINT-STOCK COMPANY "ALFA-BANK" finances construction "Bosko's Manufactories" Mikhail Kusnirovich

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Alfa Bank finances construction of
On "Bosko's Manufactories" is planned to send away clothes of several price segments: luxury (6% of total amount), bonus (23%) and average (71%).
JOINT-STOCK COMPANY "ALFA-BANK" opened credit lines of 1,6 billion rubles of companies Group of companies "Bosco di Ciliegi", the main shareholder which is Mikhail Kusnirovich. Term credits – about 9 years.

Funds will be allocated by
for financing the costs connected with equipment and commissioning of textile productions in Kaluga Region. Including, expenses include construction and purchase the equipment.

On "Bosko's Manufactories" it is planned to send away clothes of several price segments: luxury (6% of total amount), bonus (23%) and average (71%).

Production will be issued not only under the name of Group of companies "Bosco di Ciliegi", but also by order the European bonus brands. Main range of factory: windbreakers, jackets and down-padded coats. Planned design capacity, at the rate of works in one change, will make 2 million products a year, of them about 1,9 million – knitted clothes (t-shirts, t-shirts polos, shorts), 128 thousand – outerwear (jackets, down-padded coats, a coat).

"We are glad to act as the financial partner of this bright and ambitious project. Unique experience of Group of companies "Bosco di Ciliegi" in the fashion-industries and a good financial position of companies is created by all conditions for its successful realization", – the board member noted JOINT-STOCK COMPANY "ALFA-BANK" Pershin Maxime.
"Group of companies Group of companies "Bosco di Ciliegi" is aimed by
production base to Russian Federation. The project will allow to deliver on the Russian market qualitative clothes of domestic productions and to reduce dependence Russian Federation from import production", – the founder of Group of companies "Bosco di Ciliegi" Mikhail Kusnirovich emphasized.



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Mikhail Kusnirovich
Last position: Chairman of the supervisory board (Group of companies "Bosco di Ciliegi")
1
Pershin Maxime
JSC Alfa-Bank
Main activity:Finance
321
Bosco di Ciliegi
Main activity:Retail trade
17