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EBRD to inject EUR 30 mln into Milkiland

EBRD to inject EUR 30 mln into Milkiland

30 June 2009

On Friday, the European Bank for Reconstruction and Development said that it may inject up to EUR 30 mln of equity into Milkiland. The funds will be used to restructure the company’s liabilities, as well as modernize and integrate Milkiland’s production facilities in Ukraine and Russia. The final decision will be made on the EBRD’s board of directors meeting on July 28.

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