Raiffeisenbank opens credit line to Dontsement

Raiffeisenbank opens credit line to Dontsement
Published: 08 March 2006

Raiffeisenbank (Ukraine), one of the largest banks in Ukraine, has opened UAH 14.14 million credit line to Dontsement company (Amvrosiivka, Donetsk region).  The credit is provided for 1 year term.  The credit line is multicurrency, it total volume cannot exceed US$2.8m.  As Ukrainian News earlier reported, in late 2005, HeidelbergСement company (Germany) bought the Dontsement company.   Dontsement owns 6 cement kilns and has a total capacity of about 2Mta of cement.