OREANDA-NEWS. April 27, 2010. The Bank of Moscow has concluded credit agreements with Koks company for loans totalling 100 million US dollars for a period of 3 years.

The funds will be allocated for developing production and replenishing circulating assets, including refinancing of loans raised previously from enterprises managed by the Industrial Metal-working Holding (PMKh) (which includes, apart from Koks company, Tulachermet company, Ufaleinikel company, Combine KMAruda company, Polema company, Slovenskaya Steel Group and others).

The total credit funds extended by the Bank of Moscow to PMKh enterprises over the last 3 years, including redeemed sums, has amounted to about 50 billion rubles.