The European Bank for Reconstruction and Development (EBRD) is providing a $15m loan to Agrofusion Group, the largest tomato paste producer and exporter in Ukraine. Agrofusion, a vertically integrated and family-owned company, is planning ...
Tags: European Bank, tomato
The European Bank for Reconstruction and Development (EBRD) has agreed to provide €18.5m of loan to Global Beer Georgia (GBG) to construct and operate a greenfield brewery in Georgia. It will be a syndicated loan package which will ...
The European Bank for Reconstruction and Development (EBRD) has granted $ 560,000 loan to Turkmen meat producer Taze Ay, as part of its efforts to support the private small and medium-sized enterprises in the country. EBRD, along with the ...
The European Bank for Reconstruction and Development (EBRD) has offered a loan of $2.28m to Berk group, a Turkmen brewing company, to foray into salty snacks business. The new salty business is expected to complement Berk’s beer ...
Tags: Berk, EBRD, loan, salty snacks business
The European Bank for Reconstruction and Development (EBRD) has granted €20m loan to Croatian packaging producer Aluflexpack Group (AFP Group) to fund the expansion of its flexible packaging product range and aluminium-based product ...
Tags: Flexible Packaging, packaging
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
The European Bank for Reconstruction and Development (EBRD) has given a €10m loan to Turkey’s dairy producer Mar Tuketim Maddeleri Ihracat Ithalat San. Ve Tic. A.S., which is known under the brand name Kay. The loan amount ...
The European Bank for Reconstruction and Development (EBRD) is providing €44.7m as loan to Coca-Cola Beverages Tajikistan (CCBT) for setting up a greenfield soft drink bottling plant in that country. Aimed at cutting down on imports ...
Tags: Coca-Cola Bottling, soft drink
The European Bank for Reconstruction and Development (EBRD) is undertaking a Near-Zero Waste initiative in Turkey, by funding recycling setups, green initiatives and technologies that cut down on packaging waste. The program, which also ...
Tags: packaging, EBRD, packaging material, packaging waste
Kazakhstan’s food and beverage producer RG Brands will receive $49.2m in loan from the European Bank for Reconstruction and Development (EBRD) to enhance its product offerings. The investment is in line with EBRD's strategy to ...
Exagan of Grenoble, France, a gallium nitride (GaN) technology start-up that enables smaller and more efficient electrical converters, has raised €5.7m in first-round financing that will be used to produce high-speed power switching ...
Tags: GaN-on-Si, GaN switching device
China will relax restrictions on banks' yuan trading from next year, in a small but significant move toward relaxing its capital controls. The changes will replace daily caps on banks' foreign exchange positions with weekly limits, and ...
Tags: Yuan Trading, restrictions
The European Bank for Reconstruction and Development (EBRD) is helping to modernise public transport in the Romanian city of Pitesti with a RON 58.5 million loan (€13 million equivalent) to the municipal transport company Publitrans ...
Tags: EBRD, Transport, Accessories
Ukraine's retail gas prices may have to rise 40% as part of economic reforms needed to unlock loans from the International Monetary Fund, Ukrainian energy minister Yuriy Prodan told reporters in Brussels Thursday. "This is an unpopular ...
Tags: Gas Prices, energy sector
The Abraaj Group, a UAE-based private equity investor, has entered into an agreement to acquire majority stake in Turkish dairy firm Yorsan Group, alongside the European Bank for Reconstruction and Development (EBRD). Yorsan Group is a ...
Tags: Abraaj, Yorsan Dairy Firm