Tag Archives: Arvid Tuerkner

The European Bank for Reconstruction and Development (EBRD) and the Industrial Development Bank of Turkey (TSKB) on Wednesday jointly extended a loan of 11 million euros (nearly $13 million) to Turkish chocolate maker Altınmarka to finance growing demand for its products. The loan will finance the company’s increased working capital …

Turkish pulse and ready-made food producer Yayla is getting 25 million euros ($27 million) in working capital from the European Bank for Reconstruction and Development (EBRD) to finance the company’s day-to-day operations. Yayla, which markets beans, vegetables, rice and other raw and ready-made foods, will use the loan to boost …