UKRAINE PLANT EXPANSION GUARANTEED BY MIGA
August 1st, 2008
BY KEITH NUTHALL
THE WORLD Bank multilateral loan guarantee agency MIGA has guaranteed investment totaling US$21.04 million to Can-Pack SA of Poland covering its equity investment, shareholder loan, and management contract with subsidiary Can-Pack (Ukraine) Ltd. The coverage will protect the company against the risks of transfer restriction, expropriation, and war and civil disturbance in Ukraine over 10 years while it expands an aluminum beverage can production plant in Vyshgorod. This expansion will increase the plant's production capacity from 1,700 cans per ...
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