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€ 10 million investment for Loulis Mills

The European Bank for Reconstruction and Development (EBRD) provided €10 million longterm financing to Loulis Mills, a Greek flour milling company.

The European Bank for Reconstruction and Development (EBRD) has successfully completed its first transaction in the agribusiness sector in Greece by providing €10 million long-term financing to Loulis Mills, a leading company in the Greek flour milling industry. Loulis Mills, listed on the Athens Stock Exchange, currently produces more than 120 varieties of flour and bake mixtures, meeting the demands of a wide customer base, from home bakers to professional and industrial bakeries.
“This transaction is not only our first investment in the Greek agribusiness sector, but also the transaction that closes a very successful first full year of the EBRD’s operations in Greece, having signed some €800 million transactions to date,” said Sabina Dziurman, EBRD director, Greece and Cyprus. “Our company’s development strategy has always been outward looking,” said Nikolaos Loulis, chairman and executive director of Loulis Mills. “The EBRD’s engagement is recognition of the strength of our company and the potential to grow.”

Source: Miller Magazine