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STAR And EBRD To Sign A Credit Agreement

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  • STAR And EBRD To Sign A Credit Agreement

    STAR AND EBRD TO SIGN A CREDIT AGREEMENT

    PanARMENIAN.Net
    24.11.2009 17:03 GMT+04:00

    /PanARMENIAN.Net/ Credit agreements between the STAR trading network
    and the European Bank for Reconstruction and Development (EBRD) will
    be signed November 25, 2009 in Yerevan, press office of STAR reports.

    Under the contract, STAR will receive from EBRD a credit. As STAR's
    Executive Director Vahan Kerobyan said, funds will be directed to
    fulfill financial obligations with suppliers, open new branches of
    supermarkets and reconstruct existing ones, as well as to strengthen
    the working capital.
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