EBRD RUSSIA PLANT
June 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) is lending US$32.5 million to a subsidiary of Turkey's Anadolu Cam group to build a glass bottling plant, near Ufa, central Russia. Ruscam-Ufa LLC will use the loan to fund half the US$65 million project, which said EBRD agribusiness director Hans Christian Jacobsen would improve the "quality of glass packaging offered to food and beverage producers in central and eastern Russia".US$16.25 million of the loan will be syndicated to ABN Amro Bank and investment bank CALYON. Anadolu Cam is ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.