The funds will be used to build the factory, which production capacity should make 140 million high-quality bottles per year.
Total cost of the project is $ 34 million. As it is noted in the Ministry of Finance, this is the first project in the real sector of economy in Moldova, which BSTDB funds. Currently, BSTDB introduces in Moldova five projects totaling $ 23 million, designed for the banking sector.
Black Sea Trade and Development Bank is a financial institution, established in 1992 by the states of the Black Sea Economic Cooperation Zone: Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey and Ukraine.
The purpose of the Bank is to promote economic development and cooperation between the Member States.