RUSAL ANNOUNCES RESTART OF IDLED SMELTING CAPACITY AT NOVOKUZNETSK SMELTER
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Gelendzhik airport to open for passenger flights by May 15
The Gelendzhik airport in the Krasnodar territory will open for passenger flights by May 15, airport director Irina Lyashova said.
ITAR-TASS
En+ Group Announces 2009 Results of Its Metal Works
GAZ Group completes debt restructuring
On March 1, 2010 GAZ Group completed restructuring of its RUR 39.3 billion bank debt. The Company entered into 5-year loan agreements with 22 Russian and foreign banks, providing for a two-year grace period for repaying the principal and 6 months grace for interest payments. Sberbank of Russia acted as organizer of the syndicate of GAZ Group's creditor banks, while Raiffeisenbank became documentation agent.
SMR Group signed new refinancing agreement
SMR Group, Russia's largest ferromolybdenum producer, signed the agreement with its creditors BNP Paribas, ING, Raiffeisen, Royal Bank of Scotland and Alfa-Bank. The loan will refinance existing SMR Group debt in full.