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Asters Advises Agrosem Group on EUR 9.6 Million EBRD Financing

Asters Advises Agrosem Group on EUR 9.6 Million EBRD Financing

Ukraine
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Asters has advised the Agrosem Group on a EUR 9.6 million financing from the European Bank for Reconstruction and Development to develop a grain transshipment complex.

The Agrosem Group is described by Asters as one of the top five distributors of fertilizers, agricultural machinery, and inputs in Ukraine. It is also involved in farming and agricultural commodity trading activities and operates a proprietary rail terminal in the Lviv region in western Ukraine.

According to Asters, the loan will be used to expand the rail terminal near the Ukrainian-Polish border and to develop a grain transshipment complex and container storage facility with a throughput capacity of over 400,000 tons per year. “These initiatives will help to improve the transport connection between Ukraine and the EU countries and develop alternative export routes that were significantly disrupted due to the Russian full-scale invasion.”

The Asters team included Partner Roman Stepanenko and Senior Associate Oleksii Latsko.

Asters could not provide additional detail on the matter.