Kernel to receive $ 120 million from EBRD
13 September 2019
Kernel, one of Ukraine’s largest agroholdings and the world’s leading producer of sunflower oil, will receive a $ 120 million loan from the European Bank of Reconstruction and Development (EBRD). Kernel will invest $ 80 million in working capital for the procurement, storage, transportation and sale of grains. The remaining amount of funds ($ 40 million) will be allocated for the production and transportation of oilseeds and sunflower oil.