New EBRD financing for Bulgarian exporter Biomashinostroene
The EBRD is providing a €4.5 million loan to Biomashinostroene, a Bulgarian manufacturer and exporter of steel equipment for the food-processing, pharmaceutical and chemical industries. The company will invest the funds to expand its operations.
Biomashinostroene exports more than 90% of its products to over 20 countries in the European Union and the Middle East.