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EBRD buys big stake in AD-Zoria bottle plant

2 April 1998: The EBRD of the Ukraine has reportedly invested more than US$ 12 million to acquire a 37.5% stake in the statutory capital of the Ukrainian-Canadian JV AD-Zoria of Rivne oblast.
The fi…

2 April 1998: The EBRD of the Ukraine has reportedly invested more than US$ 12 million to acquire a 37.5% stake in the statutory capital of the Ukrainian-Canadian JV AD-Zoria of Rivne oblast. The firm specializes in manufacturing glass bottles, according to EBRD Resident Representative Jaroslav Kinach. The projected capacity of the plant is 550 million bottles per year, a far cry from the current sum of 35 million. The total value of the project is US$ 40 million.

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