Enforta handed USD15m loan

5 Jan 2009

The Russian wireless broadband operator Enforta has received a USD15 million four-year loan from its shareholder The European Bank of Reconstruction and Development (EBRD). The loan will support the company’s expansion and help refinance an existing USD5 million loan. Enforta offers internet services over WiMAX networks in major urban centres across Russia, targeting small and medium-sized business customers.