Search Results for: Russian

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend Euro 22 million to Serbia & Montenegro pharmaceutical company Hemofarm Koncern a.d. (Hemofarm) to finance the construction of a new solid forms packaging and production facility in Obninsk, Russia.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) will lend up to Euro 35 million to Croatian supermarket chain Getro, helping it add nine more stores to its current 15. Although this expansion will be in Croatia, the company will also use the money to explore moving into neighbouring Serbia & Montenegro and Bosnia & Herzegovina.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is making its largest ever loan to the leasing sector in Russia, lending US$150 million to Austria’s Raiffeisen-Leasing for on-lending to Russian businesses. The focus of the loan will be enabling construction, telecommunications and transport companies companies lease industrial equipment and vehicles.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is planning to lend a key Caucasus drinks producer, that is part-owned by the Pernod Ricard Group, US$7.3 million to strengthen its ingredient supplies and distribution. The loan would part fund a Georgian Wines and Spirits Ltd US$14.5 million project improving supplies from Georgia grape growers and strengthening the company’s links with distributors in its key Russian export market.…

BY KEITH NUTHALL
A SPEED record has been set by a car running on biofuels, with a vehicle designed with help from the European Space Agency (ESA) breaking an existing green car record of 315km. It was developed by French non-profit group IdéeVerte Compétition to be lubricated by sunflower oil and run on liquid petroleum gas (LPG), one of the least polluting fossil fuels.…

BY KEITH NUTHALL
AN ARCTIC Climate Impact Assessment by scientists from Canada, Denmark, Finland, Iceland, Norway, Russian, Sweden, and the USA has warned global warming-generated melts of ice and permafrost could damage oil and gas pipelines. Their stability would be threatened by thaws turning tundra into plains of mud.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is making its largest ever loan to the leasing sector in Russia, lending US$150 million to Austria’s Raiffeisen-Leasing for on-lending to Russian businesses. Transport leasing is one of four sectors prioritised in this loan package, designed to “encourage competition in the sector and spread leasing beyond Moscow and St Petersburg”, said an EBRD note.…

BY KEITH NUTHALL
RUSSIA’s Duma is expected to ratify the Kyoto Protocol by the end of December, following the Russian cabinet’s decision to implement the treaty. Taking ratifications past the agreed minimum of 55 countries generating at least 55% of 1990 global greenhouse emissions, a vote would ensure Kyoto is in force early next year.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend key Caucasus drinks producer the Georgian Wines and Spirits Ltd US$7.3 million to strengthen weaker spots in its production and distribution chain. The loan would part fund a US$14.5 million project focusing on supporting Georgian grape growers and strengthening links with the distribution sector within the company’s key Russian export markets.…

BY KEITH NUTHALL
THE INCOMING European Commissioner for health and consumer affairs has shown signs in a European Parliament questionnaire that he could be as feisty as his predecessor, Ireland’s David Byrne, calling for an EU-wide ban on smoking in public.…