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EBRD to give a USD 50 loan to Obolon

EBRD to give a USD 50 loan to Obolon

30 June 2009

The European Bank for Reconstruction and Development announced on Friday that it may provide a USD 50 mln loan to a major local beer producer, Obolon. The funds will be directed at modernization of a boiler room at the company’s plant, upgrade of electricity distribution system, and optimization of production processes. The final decision will be made on the EBRD’s board of directors meeting on July 28.

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