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ENDATAThe European Bank for Reconstruction and Development increased total financing to Romanian construction materials producer TeraPlast to EUR 16 million, including a EUR 5 million loan for a new production unit at Depaco, EUR 5 million for TeraSteel Serbia, and EUR 6 million for increasing existing production capacities.
TeraPlast Group signed a EUR 5 million loan agreement with the EBRD to finance a new production and storage facility for its subsidiary Depaco, which will have a capacity of 10 million square meters of roof tiles and profiles.
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.
The EBRD is providing a €4.5 million loan to Biomashinostroene, a Bulgarian manufacturer of steel equipment for food-processing, pharmaceutical and chemical industries. The company will invest in three new assembly workshops and warehouses to boost capacity.
The EBRD is extending a €38 million loan to French aerospace manufacturer Figeac Aéro SA for the expansion of its production facilities in Morocco and Tunisia, supporting skill transfer and job creation.
The European Bank for Reconstruction and Development (EBRD) and Esas Holding venture capital firm have acquired a majority stake in Korozo Ambalaj, a Turkish flexible packaging manufacturer. The company is also building a new facility in Çorlu, Tekirdağ province.
The EBRD, Actera and Esas Holding are acquiring a majority stake in Korozo Ambalaj, Turkey's leading flexible packaging producer. The deal includes a US$1 million Clean Technology Fund loan, and Korozo is building a new plant in Çorlu, Tekirdağ.
EBRD is extending a US$3 million loan to Ecosoft, Ukraine's leading water purification equipment producer, to increase production and storage capacity, purchase injection moulding equipment, commission a new warehouse, and launch production of reverse osmosis membranes.
The European Bank for Reconstruction and Development is providing a loan of up to €105m for a solar-thermal power plant featuring a 17MW heat pump in Novi Sad, Serbia.
The EBRD issued a €3 million loan to TKG Automotive to build a new factory and launch two production lines in Bursa, Turkey, with a total investment of €5.5 million.