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Zhevaho: Vorskla Steel project delayed by Ukraine credit problems
Journal Staff Report

KOMSOMOLSK (Poltava region), June 1 – The project to construct Vorskla Steel is being realized slowly due to problems with borrowing funds caused by Ukraine’s low credit rating, said Ukrainian businessman Kostiantyn Zhevaho, the owner of Swiss Vorskla Steel AG and a key shareholder in Finance and Credit Group.

He said that at present, there are no supplies of equipment for Vorskla Steel due to problems with financing.




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