KIEV, Jan. 16 – The European Bank for Reconstruction and Development is providing a $20 million revolving working capital facility to Ukrainian Agrarian Investments (UAI), which operates over 70 farms located across northern and western Ukraine, the EBRD said in a statement.
"I want to underline how important the agribusiness sector is for the Ukrainian economy and for our operations in the country. We are very pleased to sign this transaction because it gives us an opportunity to continue to support the growth of a strong local company. This new loan demonstrates our strong commitment to UAI as a long-term partner," EBRD Director for Ukraine Sevki Acuner said in the statement.
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