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The EBRD is arranging a €116 million syndicated loan to Kronospan’s Ukraine unit to build an oriented strand board plant and 45 MW biomass boiler energy plant in Novovolynsk

Tuesday, June 11, 2019
The EBRD is arranging a €116 million syndicated loan to Kronospan’s Ukraine unit to build an oriented strand board plant and 45 MW biomass boiler energy plant in Novovolynsk

The EBRD is arranging a €116 million syndicated loan to Kronospan’s Ukraine unit to build an oriented strand board plant and 45 MW biomass boiler energy plant in Novovolynsk, near the Polish border. Based in Austria, Kronospan is the world’s largest producer of wooden building boards. Austrian banks Raiffeisen Bank International AG and Raiffeisenlandesbank Oberösterreich will loan €50 million of the total.

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