CZECH REPUBLIC: EBRD to lend €14m to consolidate malting industry

By Keith Nuthall | 3 April 2002

The European Bank for Reconstruction and Development is to lend €14m to a Czech subsidiary of French agri-business company Groupe Soufflet so it can expand its malting interests in the east European country. The money will enable Malterie Soufflet République Tchéque to acquire shares in Obchodní Sladovny, the malting subsidiary of Czech company Tchecomalt Group. The eastern Europe development bank favours Soufflet as it has been investing in Czech malt production to raise standards and reduce the reliance of the country's beer industry on imported ingredients.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

The European Bank for Reconstruction and Development is to lend €14m to a Czech subsidiary of French agri-business company Groupe Soufflet so it can expand its malting interests in the east European country. The money will enable Malterie Soufflet République Tchéque to acquire shares in Obchodní Sladovny, the malting subsidiary of Czech company Tchecomalt Group. The eastern Europe development bank favours Soufflet as it has been investing in Czech malt production to raise standards and reduce the reliance of the country's beer industry on imported ingredients.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page