Rural poverty is the theme of this year’s World Food Day but agriculture in itself is not enough to end hunger, says the FAO – social protection is vital to protecting farmers which means industry can get involved.
Jordanian poultry producer Al-Jazeera Agricultural Company has secured a US$21m loan from the European Bank for Reconstruction and Development to modernise its facilities.
Higher food prices have led to larger areas planted with cereals in Russia and Ukraine, which is expected to result in higher agricultural output this year, according to the UN’s Food and Agriculture Organization.
The European Bank for Reconstruction and Development moved to calm
investor fears over state intervention in Russia and outlined a new
focus on Eastern Europe at its annual conference, reports Chris
Mercer.
Cacanska Banka in Serbia is the first bank to receive a loan under
the EBRD's latest facility supporting small and medium-sized
enterprises (SMEs) across western Balkan countries.
Azerbaijan's largest dairy company is set to double its production
capacity after securing outside funding worth nearly €4.4 million
to help the firm hold off competition from imports and safeguard
domestic farmers' incomes,...
A number of major changes in production facilities across the
region sees Danone reversing its decision to close a biscuit
factory in Poland, the EBRD readying to invest in dried fruit
production in Uzbekistan and Minsk Beer poised...
Chumak, a leading producer of edible oils in the Ukraine, is to
receive a $15 million (€12.2m) loan from the EBRD to help it buy
equipment and extend its commodity purchasing capabilities.
FYR Macedonian food processor Zitoluks has secured an €8 million
loan from the EBRD to extend its production facilities and enable
it to work alongside Greek food group Filippou.
The European Bank for Reconstruction and Development has invested
in a number of food and drink business in central and eastern
Europe in recent weeks, but its latest move there is in fact a
disposal rather than an investment.
In a transaction that aims to provide Hungarian shoppers with a
wider variety and cheaper prices, the European Bank for
Reconstruction and Development and Raiffeisen Zentralbank
Oesterreich have arranged a €160 million loan to finance...
