Galnaftogaz Receives A USD 25 Mln Loan From IFC.
25 July 2008
Galnaftogaz (GLNG: BUY) will use the credit to expand its retail chain as well as for oil product and service quality enhancements. All newly constructed gas stations will bear the OKKO brand. By 2008, the company plans to have more than 260 stations operating under OKKO brand. Currently, 101 out of the company?s 164 stations is under the OKKO brand.
