In Q1-3/2009, the company posted net loss of PLN 323.35mn compared with PLN 31.30mn loss a year earlier, on sales of PLN 55.15mn vs. PLN 171.88mn, respectively.
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Location: Home > News > EBRD provides oil firm Petrolinvest with USD 50mn loan convertible into shares
EBRD provides oil firm Petrolinvest with USD 50mn loan convertible into shares
- Description
Date: 2010-03-10 10:19
The management board of the European Bank for Reconstruction and Development (EBRD) approved the loan agreement, worth USD 50mn, convertible into shares for Petrolinvest, the company said in a communiqué late on Tuesday. The proceeds are to be spent mainly on oil prospecting in Kazakhstan.
