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08.02.2008 - With the present, we would like to announce ...

 
With the present, we would like to announce the following information, related to Monbat plc:
In accordance with a decision of the Management Board of Monbat Plc, signed on Feb. 8th, 2008, the company in its capacity of a single proprietor of the capital of Monbat Recycling Ltd., Romania grants to its subsidiary a loan to the amount of EUR 2 500 000 with 8% annual interest as the loan term shall be until Feb. 7th, 2009. The loan shall be granted for construction of factory, storehouse and administrative buildings as well as for purchasing factory equipment and its putting into operation.