BSTDB extended a EUR 62 million loan to Metinvest Group (Ukraine), active in the mining and steel production
industry, with the aim to finance purchases of specialised equipment and machinery.

The Bank is glad to assist Metinvest, a leading Ukrainian manufacturer and employer, in implementing its development and capital expenditure program focused on improved production technology, efficiency and environmental impact. Given the vital role of this sector in Ukraine’s economy and its exports, this operation will have an important developmental impact. The Group plans to purchase new equipment from, and export its products to other BSTDB member countries, thus strengthening the regional cooperation.