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Korzinka secures $110m investment for retail expansion in Uzbekistan

GlobalData
Summary
Nutrition label

75% Informative

Food retailer Korzinka has secured a 102 m ($ 110 m) equity investment in the expansion of its retail operations in Uzbekistan .

Abu Dhabi Uzbek Investment and a consortium of Omani sovereign investment funds have also secured the funding.

The fresh capital is earmarked for propelling growth across its diverse retail channels.

The funding follows a previous major investment by the European Bank for Reconstruction and Development in 2020 .

VR Score

78

Informative language

80

Neutral language

64

Article tone

semi-formal

Language

English

Language complexity

69

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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