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EBRD will grant Velvet Care €24 mln loan to develop and increase production

15:26

EBRD will grant Velvet Care €24 mln loan to develop and increase production

Leading Polish tissue hygiene products manufacturer Velvet Care is launching an ambitious investment program aimed at expanding and improving its production capacity with the support of a loan by the European Bank for Reconstruction and Development (EBRD) and the parallel support of BNP Paribas Polska.

The financing is part of a wider investment program that includes the expansion of production facilities, vertical integration as well as the switch to more efficient internal electricity…

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