GEORGIA WINES
October 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend key Caucasus drinks producer the Georgian Wines and Spirits Ltd US$7.3 million to strengthen weaker spots in its production and distribution chain. The loan would part fund a US$14.5 million project focusing on supporting Georgian grape growers and strengthening links with the distribution sector within the company's key Russian export markets. This - said an EBRD note - would "benefit from stronger marketing support and expansion of distribution", which would ...
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