July 28 Gaisky GOK signed a guarantee contract with Gazprombank on the credit line in the volume of $237mln in favor of UGMK-Steel, the company informed.
The contract expires in 2019.
Gaisky GOK (TIN 5604000700) is a large mining entity set up on the basis of the field owned by UGMK-Holding. It covers 76% of copper reserves in Orenburgsky reg. GOK is ranked as the second by the output in Russia.
The share capital is equal to 308.8ths rub. split in 617698 common stocks of 2 rub. par.
The 2013-net profit dropped (RAS) 5.35 fold to 523.952mln rub. from 2.805bn rub.; revenues moved up 1.2% to 16.134bn rub. from 15.943bn rub.; profit from sales being halved to 1.734bn rub. from 3.972bn rub.; pretax profit - 4.83 fold to 744.616mln rub. from 3.599bn rub.