On 1st July, 2016 was signed an agreement between VTB Bank and Alma LLC (Aльма OOO) for a loan to finance the current assets and mitigate Russian ruble exchange risk in amount of 1 billion Russian rubles.

About ELKO Group

Founded in 1993 and is one of the largest IT product wholesalers and IT solutions and services distributors in Eastern Europe, now also actively expanding to Central Asian market. ELKO represents more than 120 IT vendors and sells their goods to more than 6500 retailers, local computer producers and system integrators. ELKO offers more than 20 000 product titles from the most famous vendors.

Further information: http://www.elkogroup.com

         Inese Kalveite
         Marketing and Communication Director
         ELKO Grupa AS
         Phone: + 371 6709 3214
         e-mail: inese.kalveite@elkogroup.com
         www.elkogroup.com