EBRD invests USD 25mn in pharmaceutical distributor Alba Ukraine.

By bne IntelliNews April 12, 2011
The European Bank for Reconstruction and Development (EBRD) has invested USD 25mn in pharmaceutical distributor Alba Ukraine. The funds will be channelled to improve companys inventory management and logistics, and introduce a more reliable and stable funding structure. It will also help the expansion of wholesale operations of the company, which will enable it to achieve a market share of 20% by the end of 2016. According to the bank, the financing package consists a loan of up to USD 13mn and an equity investment of up to USD 12mn.

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