Metalloinvest has signed a long-term loan agreement with Credit Agricole CIB (France).
According to the company statement, the loan of 72 million euros will be attracted for 12 years under the Euler Hermes Aktiengesellschaft guarantees.
Metalloinvest intends to spend the money to purchase Takraf GmbH machinery.
The machinery will be stationed at the Lebedinsky Mining and Processing Works. (Ukrainian metal)