EBRD

The European Bank for Reconstruction and Development will buy a 13% stake in the Agricover group, owned by Iranian investor Jabbar Kanani.

The financing is aimed at helping Maïsadour to increase its production of fruit and vegetables in Morocco and particularly the rural region of Souss-Massa in the country.

The European Bank for Reconstruction and Development is lending five million euro to Bulgaria's Elana Agrocredit, a company offering long-term financial lease contracts to farmers seeking to acquire agricultural land.

Anadolu Etap is a joint venture between the Turkish companies Anadolu Group and Özgörkey Holding and the Cutrale Group, owned by one of Brazil's largest orange and soybean farming families. The company has 6 different farms covering 2.500 ha in Turkey.

The EBRD is providing a loan of up to US$85 million to Ukrainian agribusiness producer PJSC Myronivsky Hliboproduct to support the integration of farms from the former Swedish-owned company Agrokultura.

Trans-Oil, Moldova’s largest agribusiness company, will take over the local company Racova, active in agriculture and food industry, in a transaction estimated at over USD 100 million, which should be completed by December.

The European Bank for Reconstruction and Development puts another $20 million into the Kernel Group, one of the largest vertically integrated agribusiness holdings in the Ukraine.

The European Bank for Reconstruction and Development (EBRD) is providing a €4 million loan to Spanish-owned Sanlucar Flor’alia, the first large-scale raspberry plantation ever established in Tunisia.

The European Bank for Reconstruction and Development is taking part in a $230 million syndicated loan facility for Warsaw-listed Kernel Group, one of the largest farming companies in the Ukraine.

EBRD's agribusiness clients say they want a functional land lease market that will eliminate land tenure issues.

The European Bank for Reconstruction and Development has issued up to $40 million to New Europe Property Fund L.P. managed by NCH Capital Inc. to improve the efficiency of its agricultural projects in Ukraine.

The EBRD is providing a €5 million to loan to Elana Agrocredit AD to co-finance the development of Bulgaria’s agricultural land market.