Ukrtransprom Receives 5-Year USD 10mn Credit Line From Ukrsotsbank

The loan will be used to purchase railroad carriages. Ukrtransprom is large owner of railway transport equipment and is a member of Ukraine’s Industrial-Transport Company (UITC). Concorde Capital: The Mariupol Heavy Machinery plant (a structural unit of Azovmash) will benefit from the new orders, as Ukrtransprom will make us of its carriages. In addition1, UITC owns a 50%-1 share of Azovmash, which in turn owns 50% of Mariupol Heavy Machinery.