«Astarta» received a loan from «Oschadbank»
«Astarta-Kyiv» attracted lending from one of the largest banks of Ukraine, «Oschadbank». The amount of the loan — UAH500 million. The purpose of the loan is to finance working capital needs in agriculture and sugar production.
The company announced it on the Warsaw Stock Exchange.
«Board of Directors of Astarta Holding N.V. reports that the State Savings Bank of Ukraine («Oschadbank») financed «Astarta» for UAH500 million. The purpose of the loan is to finance working capital needs in agriculture and sugar production, including the purchase of mineral fertilizers, plant protection products, fuel, and raw materials», — the company said in a statement.