KYIV. July 3 (Interfax-Ukraine) – Public joint-stock company Vesco (Druzhkivka, Donetsk region), uniting clay mining business of UMG investment company under control of SCM, has opened a representative office in Kyiv in relation to expansion of its operations.
The decision was made by the company’s supervisory board aiming at carrying out commercial, trade, intermediary, marketing and other activities and providing profit-making services.
The company also said that the supervisory board of Vesco on June 29 decided to raise an interest-free repayment financial assistance from its branch – private joint-stock company Vohneupornerud (Donetsk region) – in the amount of UAH 250 million until October 2, 2017.
Vesco on June 20 decided to provide an interest-free repayment financial assistance in the amount of UA H150 million to UMG Agro and UAH 200 million to UMG Trading until October 2, 2017.
The supervisory board of the company on June 30 decided to take an interest-free repayment financial assistance in the amount of UAH 25 million from Vohneupornerud until October 2, 2017.
On June 30, the board decided to provide an interest-free repayment financial assistance in the amount of UAH 150 million to UMG Agro until October 2, 2017 and UAH 150 million to UMG Trading.
The company’s board on June 30 decided to provide UAH 200 million of the interest-free repayment financial assistance to SCM until October 6, 2017.
