RUSSIA MINERAL WATER
January 1st, 2004
Keith Nuthall
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend up to US$12.25 million to JSC Narzan, a leading Russian mineral water producer, based in Kislovodsk, the Stavropol region. The financing would help Narzan expand bottling capacity, develop new products and satisfy working capital needs, said an EBRD memorandum.
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend up to US$12.25 million to JSC Narzan, a leading Russian mineral water producer, based in Kislovodsk, the Stavropol region. The financing would help Narzan expand bottling capacity, develop new products and satisfy working capital needs, said an EBRD memorandum.
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