The European Bank for Reconstruction and Development (EBRD) is extending a €35 million loan to major Ukrainian pig farming company Danosha. The EBRD, which is the largest investor in Ukraine, invested €160 million into the Ukrainian agribusiness sector in 2013 and as of January 1, 2014 has invested a total of €8.7 billion (US$11.9 billion) through 321 projects in the country. The funds will be used to expand Danosha’s operations, improve the company’s waste disposal systems, align its animal welfare and bio security systems with EU regulations, and improve the company’s balance sheet. The funds will also be used to construct two biogas facilities in the Ivano-Frankivsk region in the west of the country that will produce 15,000 MWh of electricity and heat per year.
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