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TFM-Spetstekhnika Capital Increased by RUB 1.5 billion

01 February 2021
TransFin-M PC increased the capital of its subsidiary, TFM-Spetstechnika LLC, by RUB 1.5 billion. The purpose of the increase is to enhance the investment appeal and financial stability of TFM-Spetstekhnika for more efficient implementation of its business development strategy.

We focus heavily on developing the TFM-Spetstekhnika business, having invested RUB 14.3 billion in the purchase of new mining equipment over the past few years. Today, the enterprise has become one of Russia’s largest open-pit mining operator, working with major coal and mineral mining holding companies. We believe in this business segment, and the latest capital increase is the best proof, TransFin-M Chairman of the Board of Directors Alexey Taycher says.

TFM-Spetstekhnika Capital Increased by RUB 1.5 billion
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