Thursday, 29 april 2010

BALC to finance a printing house in Moscow

KMLC “Otkritie”, a branch of BUSINESS ALLIANCE Group of Leasing Companies, has signed a RUB 12 million lease deal with “Globus Continental” Company.

Under the terms of a 3-year contract, BALC will lease out an automatic die cutter & creasing platen SBL-1050SE designed for high-quality production of cardboard packaging and corrugated packaging. The equipment is manufactured by SBL Machinery (Taiwan) and delivered by its official Russian dealer NISSA Centre Company.

The project was financed with a credit line from the Russian Bank for Development under the terms and conditions of the government SME lending support program.

“Globus Continental” will use the new equipment for production enlargement.

About Globus Continental:
Globus Continental has been operating in the printing market since 2001. The company specializes in the production of cardboard packaging for a wide variety of consumer goods.