EBRD and maib support growth of a Moldovan poultry producer
Moldova Republic of, Aug. 15 -- The European Bank for Reconstruction and Development (EBRD) and Moldovan bank maib are supporting the growth of Moldova's leading poultry producer Axedum.The EBRD is sharing half the risk on a €9.0 million financing package provided to Axendum by maib, under the risk-sharing agreement between the two banks.The transaction will finance the construction of a modern feed mill and enable Axedum to expand into a new business line of egg production.Axedum, a family business founded in 1997, has ambitions to expand into new business lines and export its products into the European Union, leveraging the opportunities afforded by Moldova's EU accession candidate status.As part of the transaction, Axedum will bene...
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