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Asters Advises EBRD on USD 3 Million Loan to Ecosoft

Asters Advises EBRD on USD 3 Million Loan to Ecosoft

Ukraine
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Asters has advised the European Bank for Reconstruction and Development on its USD 3 million financing to Ecosoft, Ukraine's leading producer of water purification equipment.

According to Asters, "a five-year loan will help the company to increase its production and storage capacity by purchasing additional injection moulding equipment. Ecosoft will also commission a new warehouse, improve its range of pitcher-type water filters and launch the production of reverse osmosis filtering membranes thus offering domestic customers an affordable high-tech alternative to imported water filters."

The investment is supported by the European Union under the EU4Business Initiative, designed to support small and medium-sized enterprises in the countries that will benefit from a Deep and Comprehensive Free Trade Area with the EU.

The Asters team advising on the project consisted of Partner Iryna Pokanay, Counsel Gabriel Aslanian, and Associate Inna Bondarenko.

Image Source: ru.teplowiki.org

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