Perm region governor said Kama pulpmill has billions of debts

Permregion governor Viktor Basargin made a visit toKamapulpmill and said the premises have gloomy look, while the mill has billions of debts.

According to Basargin, Investlesprom holding is not very transparent in the mill rehabilitation procedure, so the region is ready to consider debt restructuring only after additional negotiations. It is reported that within September 03-10 Mr. Basargin will meet VTB bank Chief Executive Andrey Kostin, one of the mill’s creditors.