EBRD $40 million investment in Korzinka supermarket chain

Overview:

• The European Bank of Reconstruction and Development (EBRD) will acquire a minority share in Korzinka, a leading supermarket chain in Uzbekistan, with plans to invest up to $40 million over the next four years. 
• As part of the chain's planned growth, it will triple the number of stores over this investment period.
• This is EBRD's first privately-owned equity investment in Uzbekistan in a decade.

Natasha Forrest - Researcher