Chelyabinsk Pipe Works has become a guarantor on the bank guarantee granted to Pervouralsk Pipe Works.
The guarantee was granted by Bank Uralsib.
The agreement was concluded on December 22.
According to the document, the guarantor will be responsible to the bank together with the borrower.
The volume of the guarantee is 1.58 billion rubles. And its validity runs through December 22, 2026. (Ukrainian metal)