RG Brands

Location:

Kazakhstan

Project number:

35793

Business sector:

Agribusiness

Notice type:

Private

Environmental category:

B

Target board date:

22 Jan 2008

Status:

Complete

PSD disclosed:

16 May 2006

Project Description

The proposed project will involve financing of a new greenfield investment for the production lines for juice, carbonated drinks as well as financing regional expansions.

Transition Impact

The project has good transition impact potential. The project will :

  • Improve corporate governance and transparency.
     
  • Introduce greater competition and innovation by increasing the competitive pressures over the existing players via the additional volume and range of products produced under the project.
     
  • Have a strong demonstration effect by attracting foreign investments to the non-natural resources/energy sector in Kazakhstan.

The Client

JSC RG Brands is a leading beverage producer and consumer goods distributor, incorporated in Kazakhstan. The Company consists of four production companies producing juices, soft drinks, tea packaging and milk as well as two distribution companies in Kazakhstan and Kyrgyz Republic.

EBRD Finance

Total financing for the project of USD 60 million long-term loan million.

Project Cost

USD 107 million.

Environmental Impact

This project has been screened B/1 requiring an environmental audit and analysis. Independent consultants have been retained by the Company to undertake these studies according to Terms of Reference provided by the Bank. The studies will assess the environmental risks and liabilities associated with the Company's operations and compliance with both national and EU standards, and provide recommendations, as necessary, to address any risk or non-compliance issues. Any such recommendations will be formulated into an agreed environmental action plan and the Company will provide reporting to the Bank on the implementation of the EAP. This PSD will be updated, as appropriate, following the completion of environmental due diligence.

Technical Cooperation

None.

Company Contact

Mr. Arman Zhanalinov, Chief Executive Officer
JSC RG Brands

Tel: +7 3272 505740
Fax: +7 3272 501355

 

Business opportunities

For business opportunities or procurement, contact the client company.

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Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.