Europe Virgin Fund to Gain EBRD Backing

The European Bank for Reconstruction and Development intends to contribute some USD30 million to the Europe Virgin Fund,

reported. The regional fund offers private equity financing to private firms with primary operations in Ukraine, Moldova and Belarus in the sectors of consumer goods, retail, industrials, telecom, media, technology and pharmaceuticals.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.