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
