THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
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- €25 million loan to Ofis Yem to help drive circularity and sustainability
- Funding will finance construction of new production facility in Samsun
- Project will also improve inclusivity in livestock feed sector
The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Ofis Yem, a leading livestock feed producer in Türkiye, to support the transition to a green economy and the adoption of inclusive business practices.
The proceeds will be used to finance the construction of a new production facility in Samsun and licensed storage infrastructure in Samsun and Adana, improving supply chain efficiency and reducing post-harvest losses.
The project will also involve the establishment of a solar farm in Çorum, which is expected to significantly reduce the company’s carbon emissions. Ofis Yem will also adopt enhanced resource efficiency measures to minimise food loss, contributing to a circular and low-carbon food system.
At the same time, the project will support gender inclusion in Türkiye’s livestock feed sector, where female employment has declined sharply, with the company implementing improved policies and targets to increase its total number of female workers.
Natalia Zhukova, the EBRD’s Head of Agribusiness, said: “Investing in sustainable green feed production is essential for reducing emissions in Türkiye’s livestock sector and achieving national climate goals. With targeted financing, we can accelerate the transition to climate-smart practices that boost productivity, enhance resilience and support a low-carbon future for agriculture.”
Cem Taşkaldıran, a member of Ofis Yem’s Board, said: “Our collaboration with the EBRD is significant not only for our company and sector, but also for our country. Only companies that meet the criteria, inspire confidence and can transform financing into impactful investment are able to meet the EBRD’s standards. This €25 million loan supports not only our new investments, but also our long-term vision. By taking concrete steps to enhance energy efficiency, implement climate-friendly practices and increase female employment, we aim to lead a sustainable and inclusive transformation in the animal feed sector.”
The EBRD is one of Türkiye’s key investors, with almost €22 billion committed through 484 projects and trade finance limits since 2009, largely in the private sector.
By Dilara Sarı,
Source: www.ebrd.com
