Domestic dairy firm Evrofarma has revealed plans to invest up to 5bn drachmas (US$13.3m) between 2002-2004, according to a report in the Naftemporiki newspaper.

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The money will be focused on enabling the company to maintain its high growth rate and expand its distribution network. Production units will be upgraded and Evrofarma plans to build a distribution centre in the town of Alexandroupolis.


The company will fund the investment through a share capital increase operation of some 1.5bn drachmas.

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