The Financial: Vitafit Group will use financing to modernise equipment and increase production

The EBRD is providing a new loan of US$ 6.5 million to the beverage producer and distributor Vitafit Group of Mongolia. The loan will partially finance an equipment modernisation programme that will improve the  quality of the group’s products and increase its production capacity. The proceeds of the loan will be used to purchase an aseptic filling line for fruit juice and fresh milk bottling to replace existing old equipment and eliminate capacity bottlenecks. This will allow the company to expand its product range and offer new products of higher standards to Mongolian consumers. To read the full article, click hereVitafit Group will use financing to modernise equipment and increase production

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