Urals | Materials, extraction | Industry, manufacturing

Vysokogorsky GOK to loan $164m to its shareholders

12 Jan '11
Sverdlovsk region-based ore and mining factory Vysokogorsky GOK, which is a part of Evraz Group, has announced plans to loan a total of $164m to its two shareholders Sibmetinvest and Mastercroft Limited.

The two $82m loans are reportedly to be repaid by March 31, 2011, the interest rate has yet to be disclosed.

100% shares in Vysokogorsky GOK are owned by two Evraz Groups structures Sibmetinvest and Mastercroft Ltd.
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Tags: Evraz Group (33) / Sibmetinvest (2) / Vysokogorsky GOK (1) / Mastercroft Limited (0) /

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