Business | March 30, 2001, Friday // 00:00

The Board of the EU Bank for Investments and Development approved two more investment projects for stock acquisition in Eurobank and for a loan extended to Balkanpharma. EBRD plans to acquire 22.5% of Eurobank and to extend a loan of $8 M for crediting small and medium-sized businesses. The whole project amounts to EUR 30 M. The loan to Balkanpharma amounting to EUR 21.5 M will be used for upgrading the equipment and the company to acquire GMP certificate.

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