EBRD – CAUCASUS

BY KEITH NUTHALLIn what it calls a signal of confidence in the former Soviet Union, the European Bank for Reconstruction and Development is investing 20 million euros to promote beer, wine and mineral waters in Armenia, Azerbaijan, Georgia and Russia. The bank is investing the cash in BIH Brasseries Internationales, the holding company of Groupe Castel which is one of France's largest beverage companies. Groupe Castel is the world's second largest wine distributor and the third largest water producer in Franceand has been active in the Caucasus countries since ...


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