EBRD CONSIDERS LOAN FOR SERBIAN BEAUTY FIRM
July 1st, 2011
BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction & Development is considering lending up to Euro EUR68 million to a leading Serbian beauty products producer Beohemija. The money would help it expand and restructure its finances. The bank said new investment in manufacturing technology would "improve productivity, energy efficiency and environmental safety", creating "a showcase to others in the market on how to be financially successful and energy efficient." The bank said the company would also improve its accounting systems, plus ...
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