EBRD to invest 25 million euros in Kosovo nickel producer
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PRISTINA (Reuters) - The European Bank for Reconstruction and Development said it will provide 25 million euros in Kosovo's sole ferro-nickel producer Newco Ferronikeli to improve environmental standards and energy efficiency.The company which is the largest Kosovo's exporter was bought by Albania's Balfin Group last year in what was seen as a rescue deal aimed to restore production which was halted when the heavily indebted company ran into financial difficulties.Ferronikeli has changed hands..