MOSCOW. March 22 (Interfax-Ukraine) – Louis Dreyfus Company, an agricultural trading company, has received a $100 million revolving facility from the European Bank for Reconstruction and Development (EBRD) for regional expansion, the EBRD said in a report.
The funds will be sent to finance part of the working capital needs of Louis Dreyfus Company Group’s subsidiaries active in eight countries: Bulgaria, Egypt, Kazakhstan, Poland, Romania, Tajikistan, Turkey and Ukraine. In Russia the EBRD has not been implementing new projects for almost three years.
Louis Dreyfus Company, founded in 1851, is a leading merchant and processor of agricultural goods in the world. It accounts for 10% of international trade in goods.
