Bank TuranAlem (Kazakhstan) finances Pepsi-Cola production
16.10.00 00:00
/IRBIS, Oct 16, 00/ - REUTERS informs that Bank TuranAlem granted five-
year credit to PepsiCo for $7 mln. The credit will finance production of soft
beverages. The news was announced the bank's head on the opening
ceremony of new production facility.
The bank financed the major part of the project of PRG Bottlers, which is part
of Resmi group. The German credit line of Germes insurance company was
used to finance the project. Its total cost is $10 mln. The facility will
produce up to 70 th litters of soft drinks per one shift (seven hours).