ROMANIA EBRD
April 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) is lending up to Euro 20 million to help glass bottle manufacturer Stirom SA Romania, modernise a furnace and reform its distribution systems. In the latest of a string of investments by the bank improving the country's packaging sector, Yioula SA, Greece, -owned Stirom may also use the money to buy additional capacity, said the EBRD. It follows the lending of Euro 3.9 million to establish two bottling plants in the 1990s (Coca-Cola Bihor and Iasi), and Euro 27.5 million to build a ...
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