You're reading: Ukrtransgaz intends to raise credit lines of Hr 360 million

PJSC Ukrtransgaz, the operator of the country's gas transportation system, has announced a tender to raise three renewable credit lines of Hr 100 million each and one of Hr 60 million.

 According to an announcement in the Public Procurement Bulletin, the company accepts bids until Oct. 22, 2014. Tender proposals will be disclosed on the same date.

Loan funds will be raised for one year from the date of signing the loan agreement.

As reported, in January-June 2014 Ukrtransgaz saw net profit fall by 10.6 times compared to the same period in 2013, to Hr 101.996 million, net income – by 5.9 percent, to Hr 7.564 billion, gross profit – by 47.7 percent, to Hr 955.726 million.