STAR and EBRD to sign a credit agreement
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.
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.
