{"id":256135,"date":"2008-11-03T07:45:00","date_gmt":"2008-11-03T07:45:00","guid":{"rendered":"http:\/\/new.moldova.org\/2008\/11\/03\/efes-vitanta-moldova-brewery-receives-18m-loan-from-ebrd-161997-eng\/"},"modified":"2008-11-03T07:45:00","modified_gmt":"2008-11-03T07:45:00","slug":"efes-vitanta-moldova-brewery-receives-18m-loan-from-ebrd-161997-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/efes-vitanta-moldova-brewery-receives-18m-loan-from-ebrd-161997-eng\/","title":{"rendered":"Efes Vitanta Moldova Brewery receives $18m loan from EBRD"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>Efes Breweries International N.V. is expanding its operations in Moldova with the support of an $18 million loan from the EBRD. The funds will be used to modernize and expand the current production facility of its subsidiary in Moldova, including the installation of the first industrial wastewater treatment system at its Chisinau plant. The loan agreement was signed in Istanbul on October 31, 2008. <\/p>\n<p>The investment follows strong demand for Efes products on the Moldovan market where the company is market leader and has been a forerunner in the development of the premium segment with a variety of beers on offer. A key element has been the introduction of strict hygiene and quality standards. <img decoding=\"async\" alt=\"\" hspace=\"5\" src=\"http:\/\/reporter.md\/images\/news\/Effes.jpg\" width=\"220\" align=\"right\" vspace=\"5\" \/><\/p>\n<p>The EBRD loan will also benefit local suppliers as Efes Moldova tries to source locally as many of its raw materials as possible. For example, glass is procured from two Moldovan producers. <\/p>\n<p>Efes Breweries International N.V. is the foreign investment arm of its parent company Anadolu Efes Birac&#305;l&#305;k ve Malt San A.&#350;. The Efes group produces and markets beer, bottled water, malt and soft drinks, and is a one of the leading breweries in Europe and Central Asia. <\/p>\n<p>By September 2008, the EBRD has invested more than &euro;60 million in new projects in Moldova. The Bank sees the support of the private sector and foreign direct investors as one of its priorities. In the agribusiness sector, the EBRD has invested more than &euro;4.6 billion in over 320 projects across central and Eastern Europe and the Commonwealth of Independent States.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>Efes Vitanta Moldova Brewery receives $18m loan from EBRD<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-256135","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>Efes Breweries International N.V. is expanding its operations in Moldova with the support of an $18 million loan from the EBRD. The funds will be used to modernize and expand the current production facility of its subsidiary in Moldova, including the installation of the first industrial wastewater treatment system at its Chisinau plant. The loan agreement was signed in Istanbul on October 31, 2008. <\/p>\n<p>The investment follows strong demand for Efes products on the Moldovan market where the company is market leader and has been a forerunner in the development of the premium segment with a variety of beers on offer. A key element has been the introduction of strict hygiene and quality standards. <img decoding=\"async\" alt=\"\" hspace=\"5\" src=\"http:\/\/reporter.md\/images\/news\/Effes.jpg\" width=\"220\" align=\"right\" vspace=\"5\" \/><\/p>\n<p>The EBRD loan will also benefit local suppliers as Efes Moldova tries to source locally as many of its raw materials as possible. For example, glass is procured from two Moldovan producers. <\/p>\n<p>Efes Breweries International N.V. is the foreign investment arm of its parent company Anadolu Efes Birac&#305;l&#305;k ve Malt San A.&#350;. The Efes group produces and markets beer, bottled water, malt and soft drinks, and is a one of the leading breweries in Europe and Central Asia. <\/p>\n<p>By September 2008, the EBRD has invested more than &euro;60 million in new projects in Moldova. The Bank sees the support of the private sector and foreign direct investors as one of its priorities. In the agribusiness sector, the EBRD has invested more than &euro;4.6 billion in over 320 projects across central and Eastern Europe and the Commonwealth of Independent States.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/efes-vitanta-moldova-brewery-receives-18m-loan-from-ebrd-161997-eng\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2Fefes-vitanta-moldova-brewery-receives-18m-loan-from-ebrd-161997-eng%2F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg\" 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$18m loan from EBRD - Moldova.org<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.moldova.org\/en\/efes-vitanta-moldova-brewery-receives-18m-loan-from-ebrd-161997-eng\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Autor invitat\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/efes-vitanta-moldova-brewery-receives-18m-loan-from-ebrd-161997-eng\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/efes-vitanta-moldova-brewery-receives-18m-loan-from-ebrd-161997-eng\\\/\"},\"author\":{\"name\":\"Autor 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