At the Vyborgsky Shipyard BOD sitting Jan. 20 the guarantee contract with VTB Bank in favor of Arctech Helsinki Shipyard Oy (Finland) was approved, the company informed.
The Bank provides the counter-guarantees in favor of the OP-Pohiola Bank, Finland and Credit Agricole, Finland to cover obligations of Arctech Helsinki Shipyard Oy on the contract for the building and sale of an icebreaker. The deal is worth 129.25mln euro.
The Company (TIN 4704012874) is one of special shipyards in the north-western region of Russia. It provides building of technical means for the development of the sea shelf.
The 9-month net losses (RSA) dropped 31.22% to 335.84mln rub. from 488.308mln rub.; revenues being up 4.22 fold to 2.212bn rub. from 524.711mln rub.; losses from sales - 83.98% to 260.884mln rub. from 141.803mln rub.; pretax losses declined 31.34% to 418.196mln rub. from 609.068mln rub.