RUSSIA: Vena Brewery awaits approval for €82m EBRD loan

By just-drinks.com editorial team | 29 May 2002

Russia's Vena Brewery is hoping to sign a deal with the European Bank of Reconstruction and Development for a loan totaling €82m, the brewery's general manager Barry Marshall said yesterday. At present the brewer and the bank are awaiting permission from the Anti-Trust Ministry to go ahead with the deal. The EBRD, which confirmed that it is ready to start negotiations, will allocate the loan to 2010.

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Russia's Vena Brewery is hoping to sign a deal with the European Bank of Reconstruction and Development for a loan totaling €82m, the brewery's general manager Barry Marshall said yesterday. At present the brewer and the bank are awaiting permission from the Anti-Trust Ministry to go ahead with the deal. The EBRD, which confirmed that it is ready to start negotiations, will allocate the loan to 2010.

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