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    Home > Food News > Food Articles > The European Bank for Reconstruction and Development (EBRD) has provided $2.5 million to Agromar, a producer of turkish tomatoes

    The European Bank for Reconstruction and Development (EBRD) has provided $2.5 million to Agromar, a producer of turkish tomatoes

    • Last Update: 2021-01-14
    • Source: Internet
    • Author: User
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    Turkmenistan Business Network reported on December 17, 2020 that the European Bank for Reconstruction and Development (EBRD) has provided $2.5 million to Agromar, a turkish tomato producer, to help it expand its production capacity.
    produced by Agroma are well-known brands in the Turkish domestic market as well as in Russia, Kazakhstan and Kyrgyzstan.
    the company plans to use a loan from the European Bank for Reconstruction and Development to expand its hydroponic greenhouses, with plans to build another five hectares of greenhouse complexes to increase its annual production capacity from 1,500 tons to 3,000 tons, most of which will be exported.
    hydroponic greenhouse is an efficient technology that ensures plant cultivation without soil use, better control of growth conditions and the use of resources, while reducing water consumption by at least 75 per cent.
    since its operations in Turkey, the European Bank for Reconstruction and Development has invested 293 million euros in 80 projects in Turkey.
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