Agrokor granted EBRD loan worth 50 million euros
May 15, 2009
Today, the contract for a long-term loan between Agrokor and the European Bank for Reconstruction and Development (EBRD) was signed at the EBRD facilities in London The contract worth 50 million euros was signed by Mr. Ivan Crnjac, executive vice-president of Agrokor for strategy and the capital market, and Mr. Alain Piloux, director of the business group for Russia, agribusiness, real-estate and tourism in the EBRD. The signed contract is for a term of seven years with a grace period of two years. This contract is a continuation of the long-term successful cooperation between the company and the EBRD, which is one of the leading world financial institutions which continues to give its support and once again commends Agrokor's business strategy and its activities in the regional market. With this transaction the EBRD continues to support the further development and strengthening of the economy in the region.