EBRD could provide $18.7 mln to branch of GNT Olimpex Holding to build grain drying complex at Odesa port

14:58, 19.12.2014 1 min read

The European Bank for Reconstruction and Development (EBRD) could provide an $18.7 million loan to subsidiary of Cypriot NT Olimpex Holding Ltd. to build a grain drying complex at Odesa port.

According to a bank report, the EBRD board of directors is to discuss the issue on January 28, 2015.

According to the project, the grain drying complex with an annual capacity of 500,000 tonnes will be integrated with the handling terminal of the company at the port. Last year around 2.4 million tonnes of grain crops were sent for exports via the terminal.

GNT Olimpex Holding Ltd. unites private suppliers of shipping and stevedoring services and dry cargo handling services.