Uzbek food retail chain Korzinka secures $40m investment from EBRD

Uzbek food retail chain Korzinka secures $40m investment from EBRD

The European Bank for Reconstruction and Development (EBRD) is making an investment in Uzbek food retail chain Korzinka by acquiring a minority stake in its parent company Anglesey Food for $40 million. Anglesey Food is owned by Anglesey Investments, a Singapore-incorporated company. The Korzinka retail network comprising 50 ‘korzinka.uz’ and ‘korzinka.uz DISKONT’-branded stores in Uzbekistan. […]