PJSC Sberbank (the Bank) and JSC Siberia-Polymetall (the Company, one of the mining plants of UMMC Group) have signed an agreement on establishing a strategic cooperation.
JSC EXIMBANK OF RUSSIA and JSC “Sredneuralsk Copper Smelter” have signed a credit facility of 10 bln RUB under the Cooperation Program of Russian Export Center Group (REС) and UMMC Group.
The financial solution offered by REС Group is to assist in financing costs required to boost export activities.
The Bank and UMMC Group established a cooperation at the end of 2019.
The financing was provided by a syndicate of leading international and Russian banks.
This press release is addressed to UMMC Group partners, counterparties, shareholders, and employees and all other parties concerned.
Ural Mining Metallurgical Company (UMMC), one of the top Russian producers of copper, zinc and other precious metals in Russia signs a debut EUR100m syndicated loan.
Ural Mining and Metallurgical Company will invest about 3,5 bln.RUB in development of PJSC “Gaisky GOK , which exceeds equivalent figures for 2017 by 1 bln. (34%).
Unique properties ensures cables’ high fire-resistance
The event took place within the framework of a meeting of board of directors of JSC “Tatneftekhiminvest-Holding”.
Its capacity is 10 times more than the former extrusion line, which is for now dismantled.