EBRD to Lend $10 Million to AgroGeneration to Help Expansion
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The European Bank for Reconstruction and Development will lend $10 million to AgroGeneration, a French operator of farms in Ukraine, to help the company double its arable land.
AgroGeneration, based in Paris, will also use the funds to upgrade and acquire agricultural storage, drying, loading and field equipment as well as to increase the number of silos it has in Ukraine, the EBRD said today in an e-mailed statement.