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$3 million loan to Saranist for production expansion
27.12.2009 | 10:22

The EBRD is lending $3 million to Saranist, an Armenian producer of glass bottles and jars, to help the company increase its production capacity and diversify its product range. Founded in 1989 as a small-scale bottle plant, Saranist has since become one of the leading glass manufacturers in Armenia. It produces a variety of clear and coloured glass jars and bottles, which are sold both domestically and exported to Georgia.