Harrisons has advised the EBRD on a EUR 25 million loan to the MK Group.
According to Harrisons, the MK Group is the largest Serbian producer and trader of agricultural commodities, with companies engaged in sugar production, farming, and meat processing. “The proceeds of the loan will be used to finance investment in MK Group’s farming and sugar operations, giving the group a boost during the current food security crisis and helping it to develop its agribusiness division. The funds will also be used to expand the digitalization of agricultural processes.”
In 2020, Harrisons advised the EBRD on a EUR 25 million loan to MK Group subsidiary Sojaprotein (as reported by CEE Legal Matters on November 5, 2020).
Harrisons’ team was led by Principal Mark Harrison and Consultant Ines Matijevic-Papulin and included Associate Mina Markovic.