Kiev commercial court of appeals has confirmed the writ of the Commercial court of Kiev for Electrostal to pay $8.8 million and 1.5 million euro to Delta Bank (Kiev).

In 2013 Electrostal and Delta Bank signed an agreement for a loan of $8866.73 thousand and 1566.63 thousand euro until January 20, 2015.

In May Electrostal applied to the Kiev Commercial court asking to proclaim the agreement partially void due to the breach of the current legislation. But all the courts waved this claim. (Ukrainian metal)

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