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EBRD increases stake in Saint-Gobain subsidiary to 33 pct

Monday, 7 Jul 2014 12:15pm EDT 

Cie de Saint-Gobain SA:Signs agreement with EBRD (European Bank for Reconstruction and Development) whereby EBRD is to increase its participation in Saint-Gobain Construction Products Rus LLC to 33 pct from 11 pct.EBRD equity injection to contribute to financing Saint-Gobain Construction Products planned investments in Russia for three subsequent years including projects in Gypsum, Industrial Mortars and Insulation activities in several regions, among others. 

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