EBRD supports Ukraine's agribusiness sector
Ukraine, Sept. 24 -- The European Bank for Reconstruction and Development (EBRD) is guaranteeing US$5 million of risk for a new US$12.256 million loan by its partner bank, Credit Agricole Ukraine (CAU) to Dniprovska Group, a leading Ukrainian agri producer with which the EBRD has an eight-year relationship. This marks the group's stabilisation and turnaround after the war on Ukraine damaged its business in 2022.Dniprovska Group is a leading agricultural group based in Dnipro and Zaporizhzhia regions, which produces poultry and sunflower oil and grows grain. When the full-scale war began, putting parts of Ukraine under Russian occupation, the group lost its Zaporizhzhia poultry complex and more than 40 per cent of its land bank. This caused ...
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