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Tag Archives: EBRD

QUAKES COULD RESULT IN LOSS OF UP TO 1 PERCENT OF TURKIYE’S GDP IN 2023!

The devastating earthquakes that struck Türkiye last week could result in a loss of up to 1% of the country’s gross domestic product (GDP) this year, said the European Bank for Reconstruction and Development (EBRD) on Thursday. In its latest report, the ERBD said this is a “reasonable estimate” due to the …

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FOOD COMPANY TAT GIDA OBTAINS EBRD LOAN…

The European Bank for Reconstruction and Development (EBRD) is extending up to 20 million euroes loan in financing to Tat Gıda, one of Türkiye’s key food producers specialising in plant based food. Tat Gıda the market leader in branded tomato paste, ketchup and canned food. The new EBRD loan will finance Tat Gıda’s initiatives for …

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EBRD PROVIDES LOAN TO MAY SEED…

The European Bank for Reconstruction and Development (EBRD) has announced that it is extending a 12 million-euro loan to May Seed, one of the leading seed producers in Türkiye. The EBRD loan will help May Seed expand its operations, renovate production and research and development (R&D) facilities, enhance the automation of R&D and …

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ANADOLU ETAP PROVIDED 67 MILLION DOLLARS LOAN…

The European Bank for Reconstruction and Development (EBRD) on Tuesday announced that it is providing a €60 million loan (nearly $67 million) to Anadolu Etap, the leading fruit producer in the country.  “Half of the loan has been syndicated to the Dutch development bank FMO under the EBRD’s structure,” according …

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