TUNISIA LOAN
July 1st, 2003
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend Tunisia's Tunisacier SA Euro 35 million to help modernise and expand an existing steel plant. It is currently producing galvanised steel sheets and the loan would also help transform it into a rolling and coated steel production centre, fully integrated with the upstream and downstream operations of the company's parent, the Riva Group. "The objective," said an EBRD note "is to enlarge the product range of the mill, enabling it to produce a much broader variety ...
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