Ukraine's Metinvest to repay debt to DLRR in installments

• Published date: 20 July 2022
• Publication title: LETA

RIGA, July 20 (LETA) - Ukrainian company Metinvest will repay its debt to Latvian locomotive repair company Daugavpils Lokomotivju Remonta Rupnica (DLRR) in several installments and has already made the first payment of EUR 900,000, LETA was told at DLRR.

ccording to the company's representatives, DLRR is now waiting for the next installment of EUR 1.3 million to be transferred to its account.

DLRR representatives also indicated that previously receiving payments from Metinvest had been impossible due to Russia's invasion of Ukraine and the situation severely affected the Latvian company's operations.

ccording to the DLRR representatives, Ukrainian authorities have made an exception for Metinvest and allowed it to pay off the debt to DLRR. This is the only trans-border payment Metinvest is permitted to make.

"In providing such permission, the Ukrainian government...