Central regions | Industry, manufacturing

EBRD to invest $11.6m in A-Park in Kaluga region

1 Mar '10
The European Bank for Reconstruction and Development (EBRD) has announced plans to invest $11.6m in A-Park, opened by Kaluga region government to develop cluster of car parts manufacturers near Volvo plant.

Under plans, the bank is to loan $9m to A-Park and invest $2.6m in its authorized capital.

Total investment into the 28,700-square-meter cluster is estimated at $30.3m.
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Locations: Kaluzhskaya oblast

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