| Project Detail |
Location:
Türkiye
Project number:
54589
Business sector:
Agribusiness
Notice type:
Private
Approval date:
12 Sep 2023
Status:
Exploratory
PSD disclosed:
09 Aug 2023
Project Description
Provision of an up to EUR 30 million working capital loan (the "Loan") to Savola Gida Sanayi Ve Ticaret AS ("Savola Turkey", the "Company"), a corporation incorporated in the Republic of Turkey.
The Loan will be used by Savola Turkey to support its permanent working capital needs (the "Project").
Project Objectives
The EBRDs financing will be used for the procurement of crude sunflower oil and other inputs. The Bank aims to support Savola Turkey with longer term financing, as the Company continues to develop its operations in Turkey. |
