According to the bank website, the project consists of a loan to Agricost SA, a producer of cereals, oilseeds, and alfalfa operating in the Big Island of Braila (Romania). Agricost is majority-owned by Al Dahra group of companies, a leading global agribusiness player, headquartered in Abu Dhabi, United Arab Emirates, and specialised in the cultivation, production, and trading of animal feed and essential food commodities such as rice, flour, fruits and vegetables. Proceeds from the Loan will enable Agricost to finance new storage facilities and other capex investments. These investments will improve Agricost competitiveness as follows. Due to an expected increase in Agricost alfalfa production volumes over the next 5 years, deliveries will intensify, thus an additional storage is required to cope up with the new volumes. Furthermore, increased storage will enable Al Dahra to better position itself on the global alfalfa market during low supply winter period.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Al Dahra Holding||Parent Company||-|
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+971 2 656 5078+971 2 656 5078
Al Ain Tower, 130455, Abu Dhabi, UAE
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