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EBRD to loan 57.5 mln euros to construct Pilkington glass works in Moscow Region
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EBRD and Pilkington Russia, subsidiary of UK Pilkington plc, sealed an agreement under which EBRD grants 57.5 mln euros to the company. The funds will go to construct glass works in Moscow Region.
IFC loans 42.5 mln euros for the project.
The works' capacity will be 240,000 tons of float glass on year.
Pilkington plc and AIG Emerging Europe Infrastructure Fund L.P. are the co-founders of Pilkington Russia.
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December 20th, 2003
Photo: Pilkington Source: Gateway To Russia |
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