13 June, 2007

Kazakhstan: Efes Breweries unit secures 31.7 mil euro loan for Kazakhstan expansion

Efes Breweries International NV said its wholly owned unit, Efes Karaganda Brewery JSC, has secured a 31.7 mln eur loan from the European Bank for Reconstruction and Development to boost the company's expansion in Kazakhstan, AFX News Limited reported June 13.

Efes Breweries is a 70 pct subsidiary of Anadolu Efes Biracilik ve Malt Sanayi AS, a Turkish beverage group selling beer, soft drinks, malt and hops in Turkey, Eastern Europe and the CIS.

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