ZF English

$4m to hydrate La Fantana

24.02.2003, 00:00 6

La Fhantana, leader of the market of water distribution through the water cooler system, will invest some $4 million this year to double the number of subsidiaries nationwide and increase the production capacity, Cornel Marian, Oresa Ventures director for Romania, told Ziarul Financiar. Oresa Ventures holds the main stake in La Fantana. According to Marian, the decision was prompted by the company's strong expansion last year. The money for investments will come from several sources: cash from Oresa Ventures, banking loans, leasing and credits from suppliers. ZF



 

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