EastAgri is a network of institutions coordinated by the Food and Agriculture Organization of the United Nations Investment Centre, committed to improving their agricultural and agribusiness investment portfolio through information sharing. We are currently covering the 29 member countries of the EBRD.EastAgri — сеть организаций, координируемая Инвестиционным центром ФАО, созданная для развития инвестиционных проектов в области сельского хозяйства и агробизнеса на основе обмена информацией. В настоящее время EastAgri объединяет 29 стран–членов Европейского банка реконструкции и развития (ЕБРР).

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EBRD providing EUR 10 million loan to Ukraine’s Agrofusion

The European Bank for Reconstruction and Development is supporting Ukraine’s Agrofusion Group (Agrofusion) with a EUR 10 million loan to finance the company’s temporary increased working capital needs as well as help it to withstand the Covid19-caused crisis.

Agrofusion, the third largest producer of tomato in Europe, is exporting over 72 percent of its produce to 45 countries across the world and its operations have been affected by the pandemic. The EBRD financing will allow it address issues such as delayed customer payments and higher operating costs.

EBRD providing EUR 10 million loan to Ukraine’s Agrofusion

Photo Credit: ©EBRD

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