Uruguayan company gets loan to buy trains for UPM pulp mill
Posadas, Posadas & Vecino in Montevideo has helped a railway subsidiary of Uruguayan logistics company Grupo Christophersen and Spanish constructor Cointer obtain a 94 million euro (US$113 million) loan to finance train equipment for a railway connecting Montevideo and Paso de los Toros, where Finnish forestry group UPM is building a pulp mill.
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