Kazakhstan puts plant with 31.5 billion tenge debt up for sale
Summary
A 100% stake in PZTM, burdened with 31.5 billion tenge in debt, has been put up for sale in Kazakhstan.
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A 100% stake in the Petropavlovsk Heavy Machine Building Plant (PZTM) has been put up for sale in Kazakhstan. The industrial enterprise currently carries debts totaling 31.5 billion tenge.
Under the terms of the sale, the future buyer must not only deal with the plant's debt obligations but also commit to substantial investment and social responsibilities related to the enterprise.
Source: inbusiness.kz
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