SERBIA AGRIBUSINESS
September 1st, 2003
BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is lending Euro 16 million to two Serbian agribusiness companies - Fabrika TE-TO Senta and Star Secer (Nova Crnja) - both owned by Italian sugar producer SFIR Group - to purchase beets from local farmers, boosting their liquidity.
THE EUROPEAN Bank for Reconstruction and Development (EBRD) is lending Euro 16 million to two Serbian agribusiness companies - Fabrika TE-TO Senta and Star Secer (Nova Crnja) - both owned by Italian sugar producer SFIR Group - to purchase beets from local farmers, boosting their liquidity.
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