Astarta will receive a long-term loan from the EBRD

The European Bank for Reconstruction and Development (EBRD) will provide a long-term secured loan of $25 million to the agri-industrial holding Astarta-Kiev for infrastructure development.

This is reported by the EBRD's senior adviser Anton Usov, writes Interfax-Ukraine.

According to him, the relevant project passed all necessary approval procedures in the bank.

Astarta attracts a loan to finance the development of grain and sugar infrastructure. The project envisages the construction and acquisition of 6 grain storage facilities with a total capacity of 480,000 tons and the construction of one storage facility for sugar with a total capacity of 50,000 tons.