The European Bank for Reconstruction and Development (EBRD) announced that it was decided to provide financing of 33.2 million dollars to Borusan Lojistik Dağıtım Depolama Taşımacılık ve Ticaret AŞ.
The loan was provided to finance capital expenditures, including measures to increase the company’s competitiveness, the bank said in a statement.
The statement added that the EBRD has made a significant contribution to sustainable economic growth in the country by investing more than 19 billion euros in the Turkish economy, especially in the private sector.
The financing will contribute to the expansion of Borusan Limanı’s operations within Borusan Logistics, accelerating the company’s digitalization and renewing its logistics fleet.