The Fund of Bashkortostan industry development could support the new investment project of Beloretsk Iron and Steel Works on ferrous metals processing.
Investments planned might exceed 1.1 billion rubles. As one of the tools of support the company mulls a soft loan of 540 million rubles.
The loan at 3-5% is to be paid from the regional funds in the amount of 30% and federal funds of 70%. (Ukrainian metal)