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Business    

EBRD in $50 million equity deal to boost Galnaftogaz Concern
Journal Staff Report

LVIV, July 8 – A $50 million equity deal on support from the European Bank for
Reconstruction and Development for Galnaftogaz Concern's operation and growth
strategy was signed in Lviv on Wednesday.

The procedure foresees an increase in the concern's statutory capital, said Galnaftogaz President Vitaliy Antonov at a press conference following the signing of the deal.




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