Yugcement receives second loan tranche from Dyckerhoff
2010-02-03
The Ukrainian Yugcement cement plant has received a second loan tranche of €7m from Dyckerhoff, as part of a €20m, four-year credit line opened for the plant in August 2009.
The first tranche, identical in value, was received by Yugcement in September 2009. The loan was granted to fund the capital investment of the plant.
In addition, in November 2008 Dyckerhoff opened a five-year, €15m, credit line for Yugcement.
The German concern Dyckerhoff owns cement factories in 20 countries. In Ukraine the company operates Yugcement, Volyn-Cement and Kievcement.
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