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”.