KIEV, April 11 - The European Bank for Reconstruction and Development (EBRD) is providing a EUR 80.8 million loan to Cersanit Invest, a wholly owned Ukrainian subsidiary of the Cersanit Group, the largest Polish manufacturer and distributor of bathroom fittings and ceramic tiles.
"Loan proceeds will be used to finance the establishment of green-field production facilities for sanitary ware and ceramic tiles in Novohrad Volynsky, in Zhytomyr region of Ukraine," reads an EBRD press release.
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