The Ukrainian Metal

Ukraine: DSS gets a credit

Dneprospetsstal electrometallurgical works named after Kuzmin has received a credit of $55419 thousand from the state Oschadbank with the fixed interest rate of 11%.

The agreement between the parties was signed on March 5 for 32 months, so the credit should be compensated by October 31, 2017.

In July 2016 the company would need to compensate $241.9 thousand, in August 2016 – $300 thousand, from September 2016 till January 2017 – $1 million each month, and from February 2017 till October 2017 – $5551900 each month. (Ukrainian metal)

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