EBRD supports Farmalogist to boost pharma logistics and sustainability
Serbia, Dec. 17 -- The European Bank for Reconstruction and Development (EBRD) is providing a €14 million loan to Farmalogist, the leading pharmaceutical distribution company in the Western Balkans, to construct a new logistics centre in Serbia.The loan includes €1.2 million of concessional financing provided by the Global Environment Fund (GEF), reflecting the project's strong green credentials.Proceeds of the loan, which are 79 per cent aligned with the EBRD's Green Economy Transition (GET) principles, will go towards construction of the centre and purchase of equipment. This investment will significantly increase the company's capacity and operational efficiency by centralising operations and automating warehousing and handli...
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