Maxi-Group to possess $50 mln credit

Promsvyazbank, JSCB has announced giving Maxi-Group (Ekaterenburg) a $50 mln credit for 12 months as a part of a pre-export financing program. The possessed credit will be spent on purchase of ferrous metals scrap for rolled billets production on Nizhneserginskiy Metal Ware Metallurgical Plant for their further export outside the CIS.