Slavutych Brewery Attracts USD 97.2 mln from EBRD

Slavutych Brewery (SLAV: BUY), part of Baltic Beverages Holding, announced that it has received USD 97.2 mln from the European Bank of Reconstruction and Development to modernize and expand its plants, and restructure debts. Slavutych said it expects to increase beer production to 5.5 hl at its plants in Kyiv and Zaporizhya, as a result of the investments.