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EBRD’s Blue Ribbon programm

EBRD and TSKB are jointly providing a €21 mln loan to Turkish wet wipes producer Sapro

1 min read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and Turkiye Sinai Kalkinma Bankasi (TSKB) – the Industrial Development Bank of Turkey – are jointly providing a €21 million loan to Turkey’s leading wet wipe producer Sapro to support business growth and improve sustainability.  As demand for wet wipes has surged due to the coronavirus outbreak and households stocked on hygiene products, Sapro’s production facility has been working near full capacity. The company has already invested in measures to grow production and is now planning to invest in greater sustainability by “designing out waste” and thereby exceed European environmental standards. The €21…

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EBRD and TSKB are jointly providing a €21 mln loan to Turkish wet wipes producer Sapro

1 min read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and Turkiye Sinai Kalkinma Bankasi (TSKB) – the Industrial Development Bank of Turkey – are jointly providing a €21 million loan to Turkey’s leading wet wipe producer Sapro to support business growth and improve sustainability.  As demand for wet wipes has surged due to the coronavirus outbreak and…