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EBRD backs UzCarlsberg with $6M loan to meet summer beer demand

A timely $6M loan from the EBRD helps Uzbekistan's top brewery stock up for peak demand. How will this impact the local economy?

The image shows an old Russian banknote with a picture of a factory on it. The factory is depicted...
The image shows an old Russian banknote with a picture of a factory on it. The factory is depicted in black and white, with smoke billowing from its chimneys and a logo on the left side. At the bottom of the image, there is text written in Russian.

EBRD backs UzCarlsberg with $6M loan to meet summer beer demand

The European Bank for Reconstruction and Development (EBRD) has agreed to lend up to US$ 6 million to UzCarlsberg. The working capital loan, worth around €5.7 million, aims to boost the brewery's operations during peak demand. Support for the project also comes from the Japan-EBRD Cooperation Fund. UzCarlsberg will use the funds to buy ingredients and packaging materials. The loan will also help manage seasonal stock more efficiently, particularly during the busy summer months.

The brewery has worked with the EBRD since 2022. As the only Uzbek producer of international beer brands, it plays a key role in the local market. Uzbekistan remains the EBRD's top investment destination in Central Asia. Over the past five years, the bank has poured more than €5.5 billion into 174 projects across the country.

The loan will give UzCarlsberg greater flexibility in handling seasonal demand. With EBRD backing, the company can now secure essential supplies and streamline inventory. This marks another step in the bank's long-term commitment to Uzbekistan's economy.

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