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EBRD to invest USD 90 Ml into Sodruzhestvo

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Consulting Agency

UkrAgroConsult

The European Bank for Reconstruction and Development (EBRD) will invest USD 90 Ml into Sodruzhestvo Group for expanding its presence in Turkey and Eastern Europe.

In Turkey, a USD 80 Ml loan from the EBRD will be used for acquiring a multi-grain milling plant in Izmir, financing the working capital, upgrading production facilities and improving the quality of customer servicing in Turkey and the MENA region.

Part of this finance – USD 10 Ml – is to make possible an increase in the number of suppliers of Sodruzhestvo Group’s agricultural products in Eastern Europe.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. We offer 7-days trial! Completely free!

 

UkrAgroConsult

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