Under this project EBRD provides a loan to JV Healthline LLC for purchasing of the acquisition of a third production line for the manufacturing of single-use medical gloves, as Healthline decided to install a third production line under the project which will increase the production capacity of disposable medical gloves. This project was approved in the context of the Bank's response to the COVID-19 pandemic.
The project is part of the JV Healthline LLC company's strategy to expand its existing product range and establish a new production plant for the manufacturing of disposable medical gloves (surgical and examination gloves).
JV Healthline LLC is a limited liability company incorporated in Uzbekistan in 2004. The Company is a leading local manufacturer and trader of disposable medical devices including disposable syringes, intravenous sets, gynaecological speculums, blood lancets, catheters and dialysis filters.
Healthline has been an existing client of the EBRD since November 2019. The initial project involved the establishment of a medical glove production facility with two production lines to which the EBRD provided debt financing of USD 9.2 million. To respond to the increased demand for PPE, Healthline decided to install a third production line under the project which will increase the production capacity of disposable medical gloves.
Company Contact Information
236A Navruz street, Uzgarish K.F.Y., Zangiata district, Tashkent region, 111802, Uzbekistan
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