SRB, RO, HU, CRO/ EBRD MAY FINANCE AXEREAL’S GRAIN PROJECT IN SOUTHEASTERN EUROPE
Published on: 26-02-2013
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www.blackseagrain.net - The European Bank for Reconstruction and Development is considering a loan
and equity investment in Axereal, a French agro-industrial cooperative that plans to buy grain silos in
Serbia, Romania, Hungary and Croatia.
The 28 million-euro ($37 million) loan would boost Axereal’s working capital and an equity investment of
10 million euro would help it purchase the silos, the London-based lender said in an e-mailed statement.
It will also provide advance financing to farmers for quality seeds and fertilizers, the lender said.
Read the full news here
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