RG Brands to Receive Investments from EBRD
OREANDA-NEWS. On December 19, 2007 RG Brands JSC (Almaty, hereafter – the company), securities of which are traded in the category "A" official list of Kazakhstan stock exchange (KASE), informed KASE by the official letter of the coming borrowing of investments from European bank of reconstruction and development (EBRD), reported the press-centre of KASE.
According to the company's message, the coming investments of EBRD include the loan of the company for construction of a new plant, manufacturing soft drinks and juices with cutting-edge production and packing lines.
It is noted in the letter that the independent consultants of EBRD have conducted audit of preservation of the environment, health and security technologies in a factory of the company, during which "no rough violation of laws of ecological and social protection was detected". Suggestions on the further improvement were reflected in the plan of nature-conservative measures (NCM) for following implementation by the company.
"The bank will evaluate the implantation of NCM and correspondent laws compliance during the entire term of the project through the check-ups of annual ecological and social reports, and also the specialists of Ecological evaluation Department of the Bank will visit the Company as needed", - is said in the message.
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