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.
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