Harrisons has advised the EBRD on an EUR 25 million loan, which will be matched by Raiffeisen Banka Beograd, to Sojaprotein. AP Legal reportedly advised Raiffeisen Banka on the deal.
Sojaprotein is a soybean concentrates producer that operates a soybean-processing factory in Serbia. The company is a subsidiary of the Serbian agribusiness company Victoria Group, which was recently acquired by the MK Group (as reported by CEE Legal Matters on June 23, 2020).
According to Harrisons, “the loan shall be used to expand Sojaprotein’s production to meet increasing demand from their international customers.”
Harrisons’s team consisted of Consultant Ines Matijevic-Papulin, Senior Associate Jovan Cirkovic, and Associate Mina Markovic.