Serbia’s MK Group inteds to make energy efficiency investments in Sunoko’s sugar operations to achieve better operational productivity. The company has requested a loan from EBRD to MK Group and Sunoko to enact this plan as well as for working capital financing for primary agriculture and balance sheet restructuring. The final decision for this funding will be on 28th of June. MK Group comprises 35 affiliated companies in Serbia and is one of the leading Serbian producers and traders of agricultural commodities. The Company is active in primary agricultural production, soft commodity trading and owns and manages sizeable grain storage capacities. Sunoko is the leading Serbian sugar producer with subsidiaries involved in sugar refining and trade. Sunoko operates 4 sugar refineries in Serbian region of Vojvodina.
Source balkans.com
