EBRD to invest USD 90 Ml into Sodruzhestvo

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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