News
30 January 2020

EBRD finances expansion of agro-industrial group Sodrugestvo

In:
Agriculture/food chain
Region:
Europe

The European Bank for Reconstruction and Development has agreed financing worth $90 million for the Turkish and European subsidiaries of Luxembourg-based agricultural commodity processor and trader Sodrugestvo Group.

The group manufactures proteins and oils and distributes agricultural commodities globally. 

In Turkey, an $80 million EBRD loan will support foreign direct investment by financing the acquisition by Sodrugestvo of a multi-seed crushing plant in Izmir from Altinyag, a soybean processing company. Of the bank’s loan, $25 million is expected to be syndicated to foreign lenders.

In addition, $10 million will be used by Sodrugestvo to increase the number of its agricultural suppliers in eastern Europe.

You might also like


Perspective
04 July 2025

Are DFIs working where they’re most needed?

DFIs need to look beyond their comfort zones by working more proactively in the world’s lowest income countries. Their support for transition technologies in high-income...

Video
09 July 2025

Exiled: Jorge Barrigh, Heifer Impact Capital

Today’s Exile is Jorge Barrigh, Regional Director at Heifer Impact Capital. Jorge’s career has been defined by construction - whether that’s building engineering projects,...