EBRD To Loan Up To USD 68 Mln To Vetropack Gostomel Glass.
2 June 2008
This decision was adopted at the bank’s board meeting on May 31. The loan will be disbursed in two stages and part of it will be syndicated with commercial banks. Concorde Capital: The money will be spent for capacity enlargement, planned at 86% in 2006-07. Vetropack Gostomel Glass (GSKZ) plans to launch a new furnace, its fifth, by the end of 2007. Two older furnaces will be upgraded to decrease energy consumption and environmental safety.
