European Bank for Reconstruction and Development (EBRD) intends to disburse the loan for $20 mln to “Ukrainian Agricultural Investments”. The line will be opened as part of the previously announced program of financial institution assistance to its existing clients in Ukraine for 150 mln euros; the bank posted these data on its site, RBC-Ukraine (РБК-Украина) reports.
The project will be considered at the nearest meeting of the EBRD Board of Directors on the 9th of December.
It is said in the statement that company plans to finance its authorized capital with this loan for operating in 2016/2017 seasons.
The company “Ukrainian agricultural investments” has been working since 2010. It manages more than 70 farming enterprises, in total about 195 ths ha, located in northern and western Ukraine.