According to EBRD website, the project is a long-term loan to Agrofusion to partially finance the construction and purchase of equipment for the company's third tomato processing plant in Ukraine and the expansion of the company's tomato farming operations. It aims to expand the company's farming operations by cultivating under-utilised fields and using modern efficient technologies; increase tomato processing capacity by using best available techniques and expand sales of the company's high quality and traceable tomato paste into foreignmarkets.
Organic Systems FE (the company) is part of the Agrofusion Group, a major vertically-integrated Ukrainian commercial tomato paste producer for the food industry, which cultivates 20,000 hectares of land in the south of Ukraine.
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