Obuv Rossii gets money to fuel expansion

Russia's major shoe retailer, which is also a major shoe manufacturer, signed an agreement with one of the Russian biggest banks, Promsvayzbank, for 3 billion rubles (€40m-$45.5 m) to support the Obuv Rossii's long-term development strategy. The bank said the loan had been granted to support the government's plans to ...

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