Zaporizhstal decided to attract $18 million from Ukrgazbank.
The decision has been taken at an extraordinary meeting of the shareholders.
The shareholders have approved of taking a loan of $18 million for 5 years with the interest rate of 7% to 9%.
The company CEO Rostislav Shurma, or an individual acting as a CEO, has been authorized to pledge the machinery valued at 1.1 billion UAH. (Ukrainian metal)