22.01.2014 - RDIF and EBRD invest over USD100mln in Cotton Way
The Russian Direct Investment Fund (RDIF) and the European Bank for Reconstruction and Development (EBRD) announce a joint investment in Cotton Way, Russia’s leading commercial laundry and textile management company. RDIF and EBRD will together invest up to 3.6 billion rubles [c$109m], with each party contributing fifty percent. The funds will be used by Cotton Way to continue to invest in industry leading facilities by constructing high efficiency laundry factories in key regions of Russia to further strengthen its market position and diversify its customer base...................................Full Article: Source
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