The European Bank for Reconstruction and Development (EBRD) has invested around EUR 300 million in the Serbian agribusiness sector, and is ready to continue to fund all good projects and companies in this sector that are not over-indebted, the head of the EBRD’s Agribusiness Sector Gilles Mettetal said on Thursday.
We are expecting another project in Serbia, Mettetal said, adding that a memorandum of understanding was signed on Wednesday with Serbian Minister of Agriculture Snezana Bogosavljevic-Boskovic and the Food and Agriculture Organisation of the United Nations (FAO).
The EBRD wants to provide loans to quality companies that have good projects and good corporate management and care about the environment, Mettetal said on Thursday at the signing of an agreement on a loan to Montenegro’s Goranovic company at the EBRD office in Belgrade.
In Serbia, the EBRD has so far invested in successful companies such as the Victoria Group, the MK Group and Carnex, also providing funds to retail chains such as Idea, Mettetal said.
Source SerbGov
