The Black Sea Trade and Development Bank (BSTDB) has announced a new EUR 10-million short-term facility extended to one of the subsidiaries of Metinvest Group, a renowned international conglomerate of steel and mining enterprises.
This loan from BSTDB is strategically aimed at bolstering Metinvest’s export of iron ore products by facilitating dedicated working capital financing.
The infusion of funds will not only enhance Metinvest’s export capabilities but also ensure the continuity of its production operations in Ukraine. (Trend)