Source: http://www.altassets.com              June 16, 2010

The European Bank for Reconstruction & Development (EBRD) said last week that its USD25 million loan to Mongolia’s largest drinks company would help APU double its beer production capacity by 2014, buy a beer canning line and improve its energy efficiency and production costs.

Privately-owned APU has a 50% share of Mongolia's beer market, with brands including Fusion, Altangovi, Kharkhorum and Borgio. It also makes vodka, juice, UHT milk, mineral water and soft drinks.

APU chairman Purev Batsaikhan said the loan would “help us further in our quest to become a world-standard manufacturer”.