# EBRD provides EUR 4.5M loan to Biomashinostroene for expansion

The EBRD is financing Bulgarian manufacturer Biomashinostroene with a EUR 4.5 million loan to expand its operations, including three new assembly workshops and warehouses, to increase production and sales by 50% over six years.

- Type: Investment
- Announced: 2018-09-25
- Where: Bulgaria
- Value: $5.25M (4.50M EUR)
- Status: announced
- Products: tanks, apparatuses, tube-in-tube heat-exchangers
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Biomashinostroene](https://endata.com/companies/29503.md)
- [European Bank for Reconstruction and Development](https://endata.com/companies/20727.md) (investor)

## Sources

- [see-industry.com](https://www.see-industry.com/en/new-financing-for-bulgaria-s-biomashinostroene/2/1720/), 2018-09-25: "The EBRD will finance Bulgarian Biomashinostroene with EUR 4,5 million loan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.