MOLDOVA BREWERY TO RECEIVE EUROPEAN UNION FINANCING

BY KEITH NUTHALL

PART of an anticipated wave of European Union (EU) support for its eastern neighbours following the Georgia conflict, the European Bank for Reconstruction and Development (EBRD) is planning a USD$18 million long term loan to the Efes Vitanta Brewery in Moldova. It will help modernise and expand the company's brewing capacity, and fund a waste water treatment facility. The company is a subsidiary of Efes Breweries International, of the Netherlands. The improvements would enable Efes Vitanta to "create new and innovative packaging ...


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