Raiffeisenbank opens credit line to Dontsement

Raiffeisenbank opens credit line to Dontsement
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. Published under Cement News