GEORGIA WINES

BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to lend a key Caucasus drinks producer, that is part-owned by the Pernod Ricard Group, US$7.3 million to strengthen its ingredient supplies and distribution. The loan would part fund a Georgian Wines and Spirits Ltd US$14.5 million project improving supplies from Georgia grape growers and strengthening the company's links with distributors in its key Russian export market. The Pernod Ricard player - said an EBRD note - would "benefit from stronger marketing support and ...


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