SERBIA CANS
August 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to lend Euro 20 million to help American packaging giant the Ball Corporation build an aluminium can plant in Serbia. The plant is expected to focus on beverages, increasing competition in the sector, said an EBRD note. The factory should start work next year, employing 100-150 workers at its Belgrade site. The company plans to initially export between 70-80% of its output, which could be expanded within three years, if the project is successful. The bank said the plant could ...
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