We’re pleased to announce that we’ve been awarded a $130 million loan from the EBRD to invest in our work in Egypt. We’ll use this loan to finance our capital expenditure and working capital requirements and further invest in developing our people and sustainable business practices. The loan will be complemented by a grant of $750,000 from the Global Environment Facility (GEF). We’ll invest this money in advanced wastewater treatment technology and water management systems in Egypt, in line with EU discharge standards. Our Chief Financial Officer, Anastasis Stamoulis says: “This collaboration with EBRD as a strategic partner is an exciting development for our business in Egypt and is founded on our common goals of developing people and progressing sustainable business solutions.” Read more: bit.ly/4bFaEEg Our image shows CCHBC Egypt and EBRD teams signing the loan agreement in Cairo. #CocaColaHBCEgypt #Sustainability #EBRD #Egypt #Investment #PrivateSector
Moving forward! May the investment yield great returns 👏👏👏
This strategic design initiative demonstrates a forward-thinking approach. confident it will yield positive results and be successfully implemented in the coming months.
Congratulations 👏🎉
I find it intriguing that the GEF hasn’t found a couple of SME’s in Egypt to award this grant. Coca-Cola HBC good for you,
Congratulations
this is a great milestone, Keep up the good work Coca-Cola HBC
Fantastic update!
Great news! Congratulations Heike Harmgart and Ahmed Elafifi
Congratulations
Territory Sales Manager at Coca-cola HBC- Egypt
3mo👏👏 great investment for better future