Project Notice |
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| PNR | 44255 |
| Project Name | RF - VOSKHOD CHROMIUM LOAN |
| Project Detail | The provision of a US$ 15 million short-term working capital loan to Voskhod Oriel LLP and Voskhod Chrome LLP (Voskhod), the companies operating a chromium mine in Kazakhstan. The Voskhod operation consists of an active underground chromium mine and associated beneficiation plant situated outside the town of Khromtau, north-western Kazakhstan. Project Objectives The proposed loan will be used to provide the required short-term liquidity to Voskhod to help it reach the pre-Covid-19 operational and financial performance.The project is consistent with the Banks Strategy for Kazakhstan and Extractive Mining Industries Strategy. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Railways |
| Country | Kazakhstan , Central Asia |
| Project Value | KZT 15,000,000 |
Contact Information |
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| Company Name | VOSKHOD CHROME LLP |
| Address | Serdar Ates, Structured Finance Manager Yildirim Holding A.S. serdar.ates@yildirimgroup.com +90 212 290 30 80 YILDIRIM Tower, Maslak Mahallesi, Tasyoncasi Sok. No:1C B2 Blok, 34485 Sariyer / Istanbul Turkey |
