January 26, 2016 “Agro-Yug” (winery of CHATEAU GRONA GROUP) signed a second loan agreement for the European Bank for Reconstruction and Development Line (EBRD). Credit, like the previous time, the EBRD provided a partner in Ukraine – PJSC “Ukreximbank” under the “Energy Efficiency Program in Ukraine”.
The Bank resources will be directed to financing an unique set of equipment for the production and storage of premium quality wines under a temperature control.
According to Vlad Bliumberg, the CEO of the Group, the installment of the equipment is scheduled for Spring 2016. During the 2016-2017 Winemaking Season it will be used for the production of a new line of wines, primarily for the European market.