The Ukrainian Metal

Russia: Pskovvtormet gets another Sberbank loan

Sberbank has opened a 800-million ruble loan to Pskovvtormet.

The money will be spent to finance the company current activity and fulfill current obligations.

Pskovvtormet was created in 1993 and is a leading enterprise in Pskov region, procuring, processing and selling ferrous scrap and wastes.

The company has 16 sites in various regions, with several more scheduled for opening. (Ukrainian metal)

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