Home Topical ARÇELIK SIGNED A LOAN AGREEMENT WITH EBRD FOR 1 BILLION TL
ARÇELIK SIGNED A LOAN AGREEMENT WITH EBRD FOR 1 BILLION TL

ARÇELIK SIGNED A LOAN AGREEMENT WITH EBRD FOR 1 BILLION TL

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Arçelik, one of the Koç Group companies, announced that it signed a loan agreement with the European Bank for Reconstruction and Development amounting to TL 1 billion

 

Arcelik signed a loan agreement with European Bank for Reconstruction and Development (EBRD) in the amount of about 1 billion for use in energy production facilities in Turkey, resource efficiency investments and R & D infrastructure. It was also stated that the company would invest in a new generation R & D center which is planned to be installed on the new production lines of Eskişehir Refrigerator and Çayırova Washing Machine Factories to increase the energy and resource efficiency of products with this loan.

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